The newly appointed CFTC chairman says he is ready to regulate the new frontiers of finance.

CoinFeed reported on May 13 that Mike Selig, the newly appointed chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the CFTC is ready to regulate emerging frontiers in finance during his tenure. His Innovation Task Force is advancing this work, aiming to provide a clear regulatory and compliance path for next-generation financial and technological innovations such as blockchain, AI, and prediction markets, attracting related projects to choose to build and operate in the United States.