CFTC Chair: Will establish crypto regulation rules and end regulatory conflicts with the US SEC

CycleProphet · 2026-03-10T02:16:18+00:00

CFTC Chairman Selig stated at the meeting that the United States is facing a technological revolution and must avoid outdated regulations stifling innovation. He outlined future priorities, including updating derivatives regulation, clearing outdated laws, clarifying cryptocurrency rules, strengthening AI capabilities, and focusing on core responsibilities to ensure the U.S. maintains its leadership in these areas.

CycleProphet

2026-03-10 02:16:18

Abstract generation in progress

Deep Tide TechFlow News, on March 10th, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, delivered a speech at the FIA Global Clearing Market Conference in Florida. He stated that the United States is experiencing a new technological revolution, with AI, blockchain, and prediction markets rapidly transforming the market landscape. The CFTC must ensure that innovators are not stifled by rules and regulations designed for different eras.

Selig outlined the focus areas for the coming years: 1) implementing principles-based, minimal effective dose regulation to prepare the derivatives market for the future; 2) addressing the shortcomings of the Dodd-Frank Act; 3) ending turf wars between the CFTC and SEC and moving away from enforcement-based regulation; 4) establishing clear rules—including proper classification of truly perpetual crypto contracts—to maintain the U.S. as the crypto capital; 5) setting a gold standard regulatory framework for prediction markets; 6) making the U.S. a leading market for AI computing power; 7) refocusing the commission on core responsibilities, away from climate policy and other topics; 8) prioritizing the needs of agricultural and energy communities; 9) bringing key markets such as critical minerals back to the U.S.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.