Wire · regulatory
CFTC Chair Selig says crypto firms are signing up for his agency's rules as Congress stalls
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Fusion42 · 14 November 2026 · Fusion42 review
CFTC Chair Michael Selig stated that crypto firms are opting to comply with the CFTC's proposed crypto rules as Congress fails to pass comprehensive legislation. The CFTC aims to establish a federal regulatory framework for crypto derivatives and spot-adjacent markets, providing a single license alternative to multiple state regimes.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 13 Nov 2026 and 14 Nov 2026.
◆ ◆ The Wire takeaway
You now face a federal regulatory option that simplifies licensing compared to multiple state regimes, but your operating rules could change as leadership shifts. Getting in early on the CFTC's rulemaking comment period can position you to influence a framework that may sideline state laws.
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2 sources · first reported 13 Nov 2026 · latest 14 Nov 2026
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