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Michael Selig stories

Sep 16, 2026

SEC and CFTC to write crypto rules independently after Senate blocks CLARITY Act

SEC Chairman Paul Atkins and CFTC Chairman Michael Selig announced on September 16, 2026 that their agencies will proceed with writing cryptocurrency regulations under existing statutory authority following the Senate's failure to advance the Digital Asset Market Clarity Act. The SEC has a crypto offering rule out for public comment until October 20.

Sep 16, 2026·7 sources
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Aug 20, 2026

CFTC Chair directs staff to draft crypto market rules if Clarity Act fails in Senate

CFTC Chairman Michael Selig announced the agency will move forward with crypto market structure regulations using existing authority if Congress fails to pass the Clarity Act. The directive came during the first meeting of the CFTC's Innovation Advisory Committee.

Aug 20, 2026·5 sources
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CFTC chair vows to advance crypto regulations if Congress fails to pass CLARITY Act

CFTC Chairman Michael Selig announced the agency will move forward with its own cryptocurrency market structure rules using existing authority if Congress does not pass the CLARITY Act this year. Selig directed staff to explore regulatory options and prepare formal proposals.

Aug 20, 2026·7 sources
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CFTC chair vows to advance crypto regulations if Congress fails to pass CLARITY Act

CFTC Chairman Michael Selig announced the agency will move forward with its own cryptocurrency market structure rules using existing authority if Congress does not pass the CLARITY Act this year. Selig directed staff to explore regulatory options and prepare formal proposals.

Aug 20, 2026·9 sources
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Aug 19, 2026

Trump says CFTC working to bring Hyperliquid into US in compliant fashion, HYPE surges 20%

President Trump announced at a White House crypto meeting that CFTC Chair Michael Selig is working to bring the offshore perpetuals platform Hyperliquid into the US legally, sending the HYPE token up more than 20% and sparking debate over regulatory pathways for decentralized exchanges.

Aug 19, 2026·10 sources
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Aug 6, 2026

CFTC Chairman calls for regulatory support of innovation in $1.2 quadrillion derivatives market

CFTC Chairman Michael Selig stated that regulators must provide space for financial innovation to lead as the global derivatives market enters a new development phase, addressing one of the world's largest financial markets.

Aug 6, 2026·1 source
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Jun 2, 2026

CFTC Chairman Alleges Gemini Crypto Exchange Was 'Politically Targeted' in Biden-Era Enforcement Case

CFTC Chair Michael Selig stated the agency is correcting what he called a flawed enforcement action against Gemini Space Station, the Winklevoss brothers' crypto exchange, alleging the case represented political 'lawfare' and attempting to undo a 2025 settlement.

Jun 2, 2026·3 sources
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Apr 17, 2026

CFTC Chair Selig Faces Bipartisan Congressional Grilling on Prediction Markets and Hyperliquid

CFTC Chairman Michael Selig faced intense bipartisan questioning from House lawmakers over the agency's approach to prediction markets, sports betting contracts, and oversight of crypto derivatives platform Hyperliquid amid staffing concerns.

Apr 17, 2026·4 sources
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Apr 12, 2026

CFTC Chair Asserts Exclusive Regulatory Authority Over Prediction Markets

CFTC Chair Mike Selig argued that states lack authority to police prediction market providers, echoing the agency's stance in ongoing court cases to cement its exclusive jurisdiction over the sector.

Apr 12, 2026·2 sources
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Apr 11, 2026

CFTC Names Five Members to Innovation Task Force, Expands Crypto and AI Regulatory Push

The Commodity Futures Trading Commission announced five members for its innovation task force focused on crypto, AI, and prediction market rules as the agency expands regulatory work while the CLARITY Act awaits Senate action.

Apr 11, 2026·2 sources
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Top claims

  • ▪CFTC Chairman Michael Selig directed staff in August 2026 to explore rules allowing crypto exchanges to be designated as a type of contract market and to permit leveraged or margined retail crypto trading.
  • ▪CFTC Chairman Michael Selig announced on September 16, 2026, that the agency is ready to ship its rules for crypto asset markets using its existing statutory authorities to help President Donald Trump deliver a regulatory framework.
  • ▪The SEC and CFTC should regulate crypto using their existing authority

Topics

Crypto regulatory frameworksCrypto regulatory agenciesSenate cloture vote on the CLARITY ActCrypto regulationSecurities vs. commoditiesCommodity Futures Trading CommissionUS SenateCrypto market structureCrypto derivativesDeFi regulationDecentralized exchange (DEX)Trump administrationCrypto enforcement actionsDeFi derivativesFinancial innovationDerivatives marketsCrypto lobbyingCrypto exchangesU.S. House of RepresentativesSports bettingPrediction marketsCongressional oversightCrypto market regulation

Related entities

Digital Asset Market Clarity ActCLARITY ActUnited StatesHyperliquidDerivativesLegalCryptocurrency