Commodity Futures Trading Commission Chairman Michael Selig pushed for stronger federal oversight of offshore cryptocurrency exchanges in the wake of the $6.3 billion Binance hack on October 29, 2026

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Licensing, custody, and market-conduct rules for platforms where people trade digital assets, shaped by collapses like FTX and jurisdictional disputes between regulators.