The CFTC chairman announced the launch of the "Future Proof" program to upgrade the agency's approach to cryptocurrency regulation.

U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig announced the launch of the "Future Proof" program, aimed at comprehensively upgrading the agency's approach to regulating digital assets. In his first month in office, Selig stated that the CFTC needed to "upgrade" and planned a broad review of its rules, with the goal of achieving a "minimum effective dose of regulation."