Michael Selig

Hyperliquid (HYPE) targets $115 as tokenized asset trading gains momentum

Key takeaways Hyperliquid’s HYPE token has gained 274% year-to-date, making it one of the strongest-performing large cryptocurrencies. CFTC Chairman Michael Selig said US regulators are preparing for tokenization, onchain finance, and continuous markets. Hyperliquid’s HIP-3 markets processed as much as $115 billion in monthly volume in June. Hyperliquid (HYPE) has climbed 274% since the beginning […]

CoinJournal•Hassan Maishera1h ago

CFTC chair says tokenization could reach all asset classes

The US Commodity Futures Trading Commission has begun preparing financial markets for what Chair Michael Selig called “mass tokenization,” as the agency works to adapt existing rules for blockchain, artificial intelligence and onchain finance. CFTC Chair Michael Selig said during…

Crypto.news•Rony Roy16h ago

• neutral toward CFTC · 99%

CFTC chair pushes tokenization as SEC opens door to onchain stocks

Michael Selig said tokenization could reshape financial markets as the CFTC and SEC continue advancing onchain initiatives despite the CLARITY Act setback.

Cointelegraph•Cointelegraph by Ezra Reguerra18h ago

• neutral toward SEC · 96%

SEC and CFTC Chairmen Say They Will Write Crypto Rules Without CLARITY Act

Michael Selig said the CFTC is "locked in and ready to ship its rules for the new frontier of finance." Paul Atkins said the SEC will "act decisively within the SEC's statutory authority." Both posted the statements to X on Wednesday, within two hours of each other, the day after the Senate blocked

The Defiant•The Defiant Team16 Sept

• neutral toward SEC · 98%

CFTC and SEC Double Down on Crypto After Clarity Act Defeat

Michael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill.

Decrypt•Jason Nelson16 Sept

• neutral toward SEC · 97%

CFTC Chair Michael Selig says Trump administration aims to build new finance frontier in US

The shift towards a collaborative regulatory framework could enhance U.S. competitiveness in the global digital finance landscape.

CryptoBriefing•Editorial Team3 Sept

US rule rewrite looms for $200B on-chain venue Hyperliquid as Trump signals onshore approval

President Donald Trump said Aug. 19 that CFTC Chair Michael Selig is working to bring Hyperliquid to the US in a fully compliant, legal way. Hyperliquid's official interface currently keeps US persons off the platform, part of the regulatory geography that let crypto's largest perpetual futures venue grow up outside American oversight. Hyperliquid processed over […]

CryptoSlate•Gino Matos21 Aug

Selig Turns up the Heat as CFTC Readies Its Own Crypto Rules

Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has ordered agency staff to prepare a backup regulatory framework for cryptocurrency markets if Congress fails to advance the stalled Clarity Act. Speaking Thursday at the CFTC Innovation Advisory Committee’s inaugural meeting in Washington, Selig explained that legislation remains his preferred route but made clear the agency […]

Bitcoin.com News•Jamie Redman20 Aug

CFTC chair says agency will move forward on crypto regulation if CLARITY fails

Michael Selig said at a meeting of the Innovation Advisory Committee that he had directed CFTC staff to explore developer protections and other crypto-related policies.

Cointelegraph•Cointelegraph by Turner Wright20 Aug

Hyperliquid surges 22% as Trump signals potential pathway into US market

Key takeaways Hyperliquid’s HYPE token surged 22% to $71.91 following comments from President Donald Trump. Trump said CFTC Chair Michael Selig is working to bring Hyperliquid into the US through a compliant and legal framework. HYPE must overcome resistance between $73 and $76 to challenge its record high of $76.87. Hyperliquid (HYPE) rallied more than […]

CoinJournal•Hassan Maishera20 Aug

Michael Selig Calls Compute the Most Important Commodity as CFTC Seeks Comment

The Commodity Futures Trading Commission (CFTC) has requested public comment on compute derivatives contracts, its formal move toward overseeing a market that prices the computing power behind artificial intelligence. The regulator announced the request on August 19, as the Chairman told a White House gathering that he wants the United States to dominate compute markets.

BeInCrypto•Kamina Bashir20 Aug

Trump Says CFTC Working to Onshore Hyperliquid

The president said CFTC Chair Michael Selig is working to bring the geoblocked perpetual futures venue into the US "in a fully compliant and legal fashion," sending HYPE and Hyperliquid Strategies shares up and CME and Cboe down.

The Defiant•The Defiant Team20 Aug

SEC and CFTC plans to write crypto rules without Congress – but they can’t make them permanent

CFTC Chair Michael Selig said on Aug. 4 that the agency has crypto rule proposals ready and plans to finalize them before the current administration ends, regardless of whether Congress passes the CLARITY Act. SEC Commissioner Hester Peirce has separately said the SEC can keep pursuing meaningful crypto rulemaking even if Congress fails to act. […]

CryptoSlate•Gino Matos12 Aug

CFTC chief backs innovation in $1.2 quadrillion derivatives market

CFTC Chairman Michael Selig said regulators must give financial innovation room to lead as the global derivatives market enters a new phase of development. Selig rejects restrictive derivatives rules Writing in The Economist, Selig argued that regulators should avoid importing…

Crypto.news•Lawrence Mondal6 Aug

CFTC Chairman Urges Immediate Senate Passage of Clarity Act for Crypto Certainty

The Chairman of the Commodity Futures Trading Commission (CFTC), Michael Selig, is calling on the Senate to pass the Clarity Act without delay. In a new interview on Fox Business, Selig emphasizes the need for a federal framework and statutory guardrails while noting the bill remains within reach despite disputes. “We have to get this […]

The Daily Hodl•Daily Hodl Staff11 Jul

CFTC chair calls CME’s self-certified 24/7 crude oil futures trading ‘wholly inappropriate’

CFTC Chairman Michael Selig stayed CME Group's self-certified 24/7 crude oil futures contract one day before launch, calling the move 'wholly

CryptoBriefing•Editorial Team9 Jul

CFTC Chair Selig warns regulators will end up ‘writing all the rules’ for crypto if Clarity Act stalls

CFTC Chair Michael Selig warned regulators may end up writing crypto rules if Congress fails to pass the Clarity Act.

The Block•Brian Danga9 Jul

CFTC Chair Says Clarity Act Is ‘So Close’ As August Deadline Nears

Bitcoin Magazine CFTC Chair Says Clarity Act Is ‘So Close’ As August Deadline Nears CFTC Chairman Michael Selig urged Congress to pass the Clarity Act before the August recess, saying the crypto market-structure bill is "so close" despite ongoing disputes over ethics and stablecoin provisions. This post CFTC Chair Says Clarity Act Is ‘So Close’ As August Deadline Nears first appeared on Bitcoin Magazine and is written by Micah Zimmerman .

Bitcoin Magazine•Micah Zimmerman8 Jul

Bipartisan Senators Ask CFTC Chair Whether Agency Is Investigating Polymarket's Fake-Bet Campaign

Senators Adam Schiff and John Curtis sent a letter to CFTC Chair Michael Selig Thursday asking whether the agency is investigating Polymarket's paid influencer scheme, putting the regulator in a bind over a platform it licenses but whose staged trades ran on an offshore site beyond its direct reach.

The Defiant•The Defiant Team26 Jun

Michael Selig draws line between crypto perps and corn futures

CFTC Chair Michael Selig has defended crypto perpetual futures while stressing they are not suitable for agricultural markets, as regulated crypto perps continue expanding across U.S. venues. According to remarks delivered by Selig at the American Cotton Shippers Association Annual…

Crypto.news•Lawrence Mondal23 Jun