Rich by Coin

CFTC Chair Selig says America is the crypto capital of the world. CFTC’s modernized regulations aim to ensure America leads in onchain finance and innovation. CFTC Chair Mike Selig declared the US the “crypto capital of the world” today, signaling the agency’s continued push to modernize regulations for digital assets. “There is no better place in the world to build than the crypto capital of the world,” Selig said via the CFTC’s official X account.

Selig credited President Trump’s leadership for the regulatory shift, stating the CFTC is updating its rules “to ensure that the future of crypto and onchain finance is Made in America.” The CFTC, the federal agency overseeing derivatives and commodities markets, has expanded its focus on digital assets under the Trump administration. The agency launched a “Crypto Sprint” initiative in August 2025 and introduced spot crypto trading on designated contract markets in December 2025.

Selig has advocated for what he calls a “minimum effective dose of regulation” to promote innovation while maintaining oversight. The CFTC chairman recently unveiled “Future-Proof,” a new initiative designed to modernize the agency’s regulatory framework for emerging markets, including digital assets, perpetual futures, and prediction markets.

The United States has been described as the crypto capital of the world by the CFTC Chair, signaling a concerted push to modernize regulations for digital assets. The move aims to keep America at the forefront of on-chain finance and crypto innovation. This effort aligns with ongoing regulatory updates under the current administration to intensify the agency’s focus on digital assets. Selig advocates a “minimum effective dose of regulation” intended to balance innovation with oversight.

He also unveiled “Future-Proof,” an initiative designed to modernize the agency’s regulatory framework for emerging markets, including digital assets, perpetual futures, and prediction markets. The remarks underscore a push to ensure the crypto ecosystem develops under updated, domestically led rules. Earlier, the CFTC launched a Crypto Sprint initiative in August 2025 and introduced spot crypto trading on designated contract markets in December 2025, signaling concrete steps toward a regulated, on-chain ecosystem. The regulatory shift is framed as supporting American-made innovation while maintaining prudent safeguards.