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Wire · regulatory

CFTC Chairman Selig Discusses Crypto Exchange Oversight Amid Stalled Legislation

13 November 2026 · By · Wire by Fusion42

Published

13 November 2026

Topic

regulatory

◆ Sectors

Crypto & Web3

◆ Geography

United States

◆ Source

Read at kucoin.com →

◆ Verified

Fusion42 · 14 November 2026 · Fusion42 review

CFTC Chairman Michael Selig discussed the agency’s effort to establish a federal regulatory framework for retail crypto commodity transactions after the Senate failed to pass the Clarity Act. The CFTC aims to curb market abuse, maintain US crypto leadership, and facilitate crypto exchange registration under existing authority, while warning of offshore migration risks.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 30 sources have reported it between 10 Aug 2026 and 13 Nov 2026.

◆ ◆ The Wire takeaway

You must prepare for a single federal licence for crypto trading that could bypass state rules and open national markets. The stalled Clarity Act means regulators will enforce under current law—your compliance and jurisdiction choices are under immediate pressure.

◆ Coverage

30 sources · first reported 10 Aug 2026 · latest 13 Nov 2026

◆ Related on Wire

◆ Topics

Crypto & Web3crypto-regulationcftcdigital-assetsmarket-abuselegislationcrypto-exchanges