An ex-Chainlink executive has been tapped to lead the SEC's Crypto Task Force, replacing Michael Selig who stepped down in December to become CFTC chair. The appointment raises questions about industry ties and could influence enforcement priorities.
On Feb. 7, 2026 the CFTC broadened the list of stablecoins eligible as regulated collateral and cleared nationally chartered trust banks to play a larger role in handling payment tokens, signaling stronger federal acceptance of stablecoins.
The Senate Agriculture Committee approved its version of a crypto market-structure bill on Thursday in a party-line vote, advancing legislation that centers market oversight with the CFTC. The move clears a key committee hurdle and pushes the measure closer to Senate floor consideration.
U.S. regulators are signaling a breakthrough as the SEC and CFTC move toward coordinated oversight while Congress advances market-structure legislation and agencies launch Project Crypto to prepare for a unified framework.
SEC leaders and new CFTC Chair Mike Selig held a harmonization event to show regulatory alignment and joint focus on crypto rulemaking. The move aims to reduce fragmentation and speed up clarity for markets and firms.
U.S. senators are preparing to consider amendments to a crypto market structure bill that would affect the Commodity Futures Trading Commission and other regulatory aspects after the agency was left with only one Senate‑confirmed commissioner.
The Senate Agriculture Committee will publish its crypto bill text today ahead of a Jan. 27 markup, proposing a split in oversight between the CFTC and SEC that departs from the Senate Banking Committee's approach. The move sets up a fresh jurisdictional fight over digital-asset regulation.
CFTC Chair Michael Selig has tapped pro-crypto Amir Zaidi as his chief of staff at the start of his tenure, a move that arrives after a recent milestone in Bitcoin futures trading. The appointment signals a potential industry-friendly tilt as the agency prepares for evolving derivatives oversight.
The U.S. Senate confirmed Mike Selig as chair of the CFTC and Travis Hill as chair of the FDIC on Dec. 18, 2025, appointments seen as crypto-friendly leadership at two influential regulators. Markets and industry participants are watching for how the pair will shape enforcement, bank supervision, and stablecoin policy.
President Trump is open to naming Democrats to lead the SEC and CFTC, a concession that could help break the Senate deadlock over pending crypto legislation.