CFTC Chairman Mike Selig today declared the United States “the crypto capital of the world,” signaling the agency’s continued efforts to modernize digital asset regulation.
“There is no better place in the world to build than the crypto capital of the world,” Selig said via the CFTC’s official X account.
Selig credited President Trump’s leadership for the regulatory change, saying the CFTC is updating its rules “to ensure the future of crypto and on-chain finance is made in America.”
The CFTC, the federal agency that oversees derivatives and commodities markets, has expanded its focus on digital assets under the Trump administration. He was appointed in October 2025 and confirmed in early 2026.
The agency launched a “Crypto Sprint” initiative in August 2025 and introduced spot crypto trading on designated contract markets in December 2025.
Selig has argued for what he calls a “minimum effective dose of regulation” to promote innovation while maintaining oversight.
The CFTC Chairman recently unveiled “Future-Proof,” a new initiative designed to modernize the agency’s regulatory framework for emerging markets, including digital assets, perpetual futures and prediction markets.
