PANews reported on March 10 that Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), disclosed his remarks at the FIA ​​Global Clearing Markets Conference, stating that the U.S. is experiencing a new technological revolution driven by AI, blockchain, and prediction markets. The CFTC needs to ensure that its regulatory framework adapts to this change.

Selig outlined his priorities for the coming years: to achieve forward-looking regulation of the derivatives market through principled regulation with minimal effective intervention; to address the legacy of the Dodd-Frank Act; to end the turf wars and enforcement-based regulation between the CFTC and SEC; to ensure the U.S. remains the global crypto capital by clarifying classification rules for real crypto perpetual contracts, among others; to establish a gold-standard regulatory system for prediction markets; to make the U.S. a leading market for AI computing; to refocus the Commission on its core responsibilities, moving away from non-core areas such as climate policy; to prioritize the needs of agricultural and energy communities; and to bring key mineral markets back to the United States.