CFTC crypto regulation stance
Story timeline · 2 updates, 26 Oct to 30 Oct 2026
CFTC chair Michael Selig said the agency is advancing a voluntary federal registration regime for crypto trading platforms while Congress has yet to act. Selig now says the CFTC wants to give exchanges such as Binance a federal registration route so they can register through federal regulators first.
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CFTC's Selig says agency advancing voluntary federal registration for crypto platforms
Mike Selig said crypto markets should enjoy the same protections US derivatives markets have had for decades. With Congress yet to act, the Commodity Futures Trading Commission is advancing a voluntary federal registration regime for crypto trading platforms, bringing their standards closer to those of US financial markets.
CFTC chair Michael Selig says he wants a federal registration option for exchanges such as Binance
CFTC chair Michael Selig told CNBC the agency wants to give exchanges such as Binance a federal registration route, so they can register through federal regulators first.
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