Mike Selig, Chairman of the Commodity Futures Trading Commission, stated on Thursday, August 20, that the U.S. has crossed a threshold into new financial frontiers driven by blockchain, AI and prediction markets.

CFTC Chairman Selig previews the agency's Innovation Advisory Committee, set to tackle crypto regulation, AI in finance, and prediction markets.

CFTC Chairman Michael Selig says the agency has crypto rule proposals ready and will advance them regardless of the CLARITY Act's progress in