CFTC Chair Selig says America is the crypto capital of the world

CFTC Chair Mike Selig proclaimed the United States as the "crypto capital of the world," emphasizing the agency's commitment to modernizing regulations for digital assets to foster innovation. Selig credited President Trump's leadership for the regulatory direction, stating the goal is to ensure the future of crypto and onchain finance is "Made in America." The CFTC, which oversees derivatives and commodities, has increased its focus on digital assets, launching initiatives like the "Crypto Sprint" and introducing spot crypto trading on designated contract markets. Selig advocates for a "minimum effective dose of regulation" and recently unveiled the "Future-Proof" initiative to update the regulatory framework for emerging markets, including digital assets.

(Source：Crypto Briefing)