CFTC News

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

The US CFTC opened nominations for a CEO-led advisory group that will help shape policy on crypto, prediction markets and other emerging products.

The approval came as the US Senate is expected to soon vote on prospective CFTC Chair Michael Selig as a replacement for acting chair Caroline Pham.

Acting CFTC Chair Caroline Pham may be one step closer to leaving the agency after the Senate Agriculture Committee advanced US President Donald Trump's pick to replace her.

Michael Selig said he supported having a “cop on the beat” for digital asset markets and answered questions about how he would handle regulation as the sole CFTC commissioner.

According to the agencies’ operations plans, staff are expected to return to work the day after the “enactment of appropriations legislation,” which occurred late on Wednesday.

The House passed a funding bill to end the longest US government shutdown in history, which had previously delayed crypto ETF approvals and key crypto bills. 

With the US government shutdown expected to end this week, the Senate Agriculture Committee scheduled a hearing to consider President Donald Trump’s pick to head the CFTC.

The Senate Agriculture Committee has released a draft bill outlining the proposed regulatory jurisdiction of the country’s two main financial market regulators.

Interim CFTC chief Caroline Pham confirmed plans to greenlight leveraged spot crypto trading in the US as early as next month following talks with regulated exchanges.

Some experts suggest that the US Senate is more likely to pass a funding bill to reopen the government before any crypto legislation.

Tokenized Treasurys have climbed to a capitalization of $8.63 billion as traders and banks begin using them for repo market financing.

The Trump administration has appointed Michael Selig, a pro-crypto lawyer and SEC counsel, to head up the CFTC.

After a September decision from a US regulator paved the way for Polymarket's return, the company is reportedly only weeks away from a relaunch.

White House crypto and AI czar David Sacks announced Selig as US President Donald Trump's pick after Brian Quintenz's nomination to lead the regulator was withdrawn.