Gate News reports that on March 10th, CFTC Chairman Mike Selig spoke at the FIA Global Clearing Market Conference, stating that the United States is experiencing a technological revolution driven by AI, blockchain, and prediction markets. The CFTC needs to ensure its regulatory framework adapts to this change. Selig outlined the focus for the coming years: implementing forward-looking derivatives market regulation with minimal effective intervention; resolving legacy issues from the Dodd-Frank Act; ending regulatory turf wars and enforcement conflicts between the CFTC and SEC; establishing clear classification rules for genuine crypto perpetual contracts to maintain the U.S. as the global crypto hub; creating a gold standard regulatory system for prediction markets; making the U.S. a leading AI computing market; refocusing the commission on core responsibilities and moving away from non-core areas like climate policy; prioritizing the needs of agricultural and energy communities; and bringing key mineral markets back to the U.S.
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