CFTC Chair Michael Selig Outlines DeFi, Prediction Market Rulemaking Plans
CFTC Chairman Mike Selig detailed plans for regulatory clarity on DeFi, crypto derivatives, and event contracts, emphasizing U.S. leadership in digital assets.Summary
Commodity Futures Trading Commission (CFTC) Chairman Mike Selig announced significant regulatory plans for the digital asset space during a conference in Florida, asserting the U.S. is reclaiming leadership through inter-agency coordination, specifically mentioning an end to CFTC-SEC infighting via "Project Crypto." Selig confirmed the CFTC will issue guidance on prediction markets (event contracts) and launch a rulemaking process for their oversight, aiming to assert regulatory authority amid legal challenges. Furthermore, the agency intends to address whether software providers trigger CFTC registration requirements and analyze the legality of leveraged crypto spot trading and margined spot trading standards. The CFTC is also working on classifying perpetual derivatives and addressing regulatory frameworks for AI and automated trading systems.
(Source：CoinDesk)