CFTC Chairman Michael Selig, currently the sole commissioner, is consolidating influence over crypto, prediction markets, and derivatives. In <6 months, he's pushed for an open regulatory approach, supporting innovation, adjusting enforcement, and advancing rule-making. This comes as Congress eyes broader CFTC crypto authority. However, Selig's sole decision-making raises concerns about resource limitations and the lack of multi-commissioner checks & balances, potentially impacting independence and execution.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-06-12 00:02:27 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-06-12 00:02:27 UTCEvent JSON
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"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1781222547,
"kind": 1,
"tags": [],
"content": "CFTC Chairman Michael Selig, currently the sole commissioner, is consolidating influence over crypto, prediction markets, and derivatives. In \u003c6 months, he's pushed for an open regulatory approach, supporting innovation, adjusting enforcement, and advancing rule-making. This comes as Congress eyes broader CFTC crypto authority. However, Selig's sole decision-making raises concerns about resource limitations and the lack of multi-commissioner checks \u0026 balances, potentially impacting independence and execution.\n\n#crypto #blockchain #news ",
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}