CFTC2026-10-04 06:04:00CFTC chair says crypto rules will keep coming under existing authorityMichael Selig, chair of the U.S. Commodity Futures Trading Commission, said regulators already hold substantial statutory authority under current law and plan to keep issuing crypto-related rules on that basis. He said that while taking part in the president’s digital asset market working group, officials reviewed both existing statutory mandates and powers that could come from legislation. Selig’s remarks point to a regulatory approach that does not wait for an entirely new framework before acting. Instead, agencies are preparing to continue shaping oversight for the crypto sector through authority they already have, while also examining what additional powers legislation could provide. He said the goal is to prepare for the development of new areas in finance tied to digital assets.40
United States2026-10-04 06:04:49CFTC chair says regulators will keep issuing crypto rules under existing authorityMichael Selig, chair of the U.S. Commodity Futures Trading Commission, said regulators already hold substantial authority under current law. He said that while taking part in work tied to the president’s digital asset market working group, officials had examined both statutory authorization and powers that could come from legislation. Based on existing regulatory authority, agencies will continue to roll out rules for the crypto sector, he said, as they prepare for development in what he described as a new area of finance. The remarks point to a regulatory approach that leans on powers already available to agencies rather than waiting solely for new legislation.40
CFTC2026-09-03 17:53:06CFTC chair says Trump administration plans a new financial frontier in the USMichael Selig, chair of the U.S. Commodity Futures Trading Commission, said the Trump administration aims to build a new financial frontier in the United States, according to Techub News, which cited Crypto Briefing. Selig said a shift toward a more collaborative regulatory framework could improve the country’s competitive position in global digital finance. The remarks point to a policy approach that would place regulatory coordination at the center of Washington’s digital finance agenda. No additional policy details, timeline, or specific measures were disclosed in the brief. The report focused on Selig’s characterization of the administration’s goal and his view that cooperation in regulation could strengthen the U.S. standing in the international digital finance market.770
CLARITY Act2026-08-30 17:51:50U.S. Senate Schedules Sept. 15 Procedural Vote on CLARITY ActAccording to a post from Bitcoin News on X, reported by ChainCatcher, the U.S. Senate plans to hold a key procedural vote on the CLARITY Act on September 15. The vote is a cloture motion, which requires 60 votes in favor. If it passes, the Senate will move forward with formal consideration of the bill, but that does not mean the legislation has passed. The CLARITY Act aims to create a comprehensive federal regulatory framework for digital asset markets. In a separate statement, Commodity Futures Trading Commission Chairman Michael Selig said the agency can use its existing authority to advance limited cryptocurrency oversight, while noting those powers cannot replace the broader framework under review in Congress. The outcome of the Sept. 15 vote will determine whether the Senate proceeds to debate the bill. Passing the procedural hurdle would let the chamber begin formal consideration; failing it would prevent formal consideration from starting. ChainCatcher first relayed the announcement.790
CFTC2026-08-21 14:34:51CFTC chair says agency may move on crypto market rules if Clarity Act remains stalledAccording to Decrypt, U.S. Commodity Futures Trading Commission Chair Michael Selig said the agency is prepared to use its existing authority to begin building a regulatory framework for crypto asset markets if the Clarity Act remains stalled due to Democratic opposition. Selig said he has directed staff to study how digital asset market structure could be folded into CFTC rules and to move quickly on formal rule proposals. His remarks suggest the scope could extend beyond firms already registered with the CFTC. Unregistered crypto exchanges could also fall within the agency’s regulatory reach if such a framework advances. The report added that rules tailored to digital assets may allow leveraged and margin trading, pointing to a market structure approach rather than a blanket restriction. The same news item also cited strong ETF flow data and large liquidation figures. Bitcoin ETFs posted $606 million in net inflows, the highest single-day total since May 1, while Ethereum ETFs recorded $219 million in net inflows, the highest level since September 2025. In derivatives markets, more than $1.2 billion in short positions were liquidated over the past 24 hours, with liquidations across the last two days nearing $5 billion.1330
CFTC2026-08-21 02:29:48CFTC chair sets out new financial frontier roadmap focused on crypto, AI compute and prediction marketsU.S. Commodity Futures Trading Commission Chair Michael Selig unveiled a "New Financial Frontier Roadmap" at an Innovation Advisory Committee meeting, laying out three regulatory priorities: crypto assets, AI compute markets and prediction markets. On crypto, the agency said it will keep pushing Congress to pass market structure legislation including the CLARITY Act. If legislation remains stalled, the CFTC is prepared to study how to build a crypto market oversight regime under its existing authority, including the possibility of designating some exchanges as a special type of designated contract market. Selig also said staff have been directed to engage with on-chain protocol developers on compliance pathways. On AI, the CFTC is concentrating on compute markets and has already worked with the Commerce Department on a request for comment covering spot, forward and derivatives frameworks. On prediction markets, Selig said the CFTC has exclusive federal jurisdiction over lawful derivatives while the agency advances changes to Rule 40.11, updates to the fully collateralized event contract data reporting regime, and adjustments to core principles under Parts 38 and 40, with retail protection, product governance and market design at the center.1180
CME Group2026-08-20 21:14:56CME CEO challenges prediction market contracts at CFTC meeting, chair calls remarks fake newsCME Group CEO Terry Duffy challenged the self-certification process for prediction market contracts during the first meeting of the Commodity Futures Trading Commission’s Innovation Advisory Committee, saying roughly 2,500 self-certified contracts had been filed with the agency since January 2025 without a single objection. He argued that some of those contracts could run against core principles that bar trader manipulation. Duffy cited two examples during the discussion: a soldier allegedly profiting on Polymarket using inside information, and Donald Trump’s teleprompter operator allegedly making more than $100,000 on Kalshi by predicting the content of a presidential speech. CFTC Chair Michael Selig interrupted him and said those products were not listed in the United States, calling the remarks “fake news.” Duffy also said Kalshi launched a prediction market in July tied to Nvidia chip rental costs, while CME plans to list a similar contract on Oct. 5. The CFTC, he added, opened a 60-day public comment period on computational derivatives on Aug. 19, a window that would extend beyond CME’s planned launch date.1130
CFTC2026-08-20 13:16:09CFTC chair says crypto rules will arrive even if the Clarity Act stallsU.S. Commodity Futures Trading Commission Chair Michael Selig said the crypto industry will eventually get market structure rules even if Congress fails to pass the Clarity Act. Speaking to Bloomberg Television ahead of the CFTC’s first Innovation Advisory Committee meeting, Selig said building market structure is essential and can be done either through rulemaking or through legislation. He said the agency is weighing a range of possible crypto rules while waiting to see what happens with the Clarity Act, a bill that would give the CFTC primary authority over the digital asset industry. The legislation is currently stalled in the Senate, which is planning a procedural vote in mid-September. Major disputes remain, however, and those could make it difficult for the bill to secure enough support before lawmakers shift their focus to the November midterm elections. Selig added that legislation remains the most reliable way to lock in crypto market structure, but he said the CFTC already has substantial authority under existing rules and would use that authority to write regulations if needed.1030
