Commodity Futures Trading Commission Chairman Mike Selig is acting unilaterally on regulatory decisions because President Donald Trump has not nominated other commissioners to the five-member agency

Overview Debates Related claims Topics Sources

More than 110 of the licensing applications received by ASIC arrived during a temporary regulatory relief period between October 2025 and September 30, 2026.

The SEC staff statement in August 2025 did not grant blanket approval or automatically authorize exchange-traded funds holding staking tokens.

President Donald Trump signed the GENIUS Act into law in July 2025, establishing federal rules for dollar-pegged stablecoins

White House crypto and AI czar David Sacks stepped down in March 2026 after completing his 130-day limit as a special government employee

Patrick Witt's departure leaves President Donald Trump's digital asset team without a senior lead while the Senate prepares for a 22-day lame-duck session

Patrick Witt is the third senior crypto official to leave President Donald Trump's White House in 2026, following David Sacks in March and Harry Jung in July

The US Office of the Comptroller of the Currency granted conditional national trust bank charters allowing crypto companies like Coinbase and Ripple to safeguard customer funds without taking deposits

The Office of the Comptroller of the Currency received Zerohash's first national trust bank application on March 2, 2026, before returning it on July 17, 2026.

David Zervos of the US Treasury highlighted that key measures of core inflation have been trending lower since Donald Trump took office

Governments in South America have shown a shift towards more friendliness with the US Trump administration

Standard Chartered's RLUSD custody service in Dubai is regulated by the Dubai Financial Services Authority

State officials and former federal officials submitted filings opposing the Commodity Futures Trading Commission's prediction market interpretation that event contracts fall under its exclusive jurisdiction to the U.S. Supreme Court

The Commodity Futures Trading Commission's interim final rule excluding casino-style gambling from swap regulation takes effect immediately upon publication in the Federal Register

Commodity Futures Trading Commission Chairman Michael S. Selig stated that casino-style gambling products, including sportsbook wagers and casino games, are not derivatives, defining the limits of the agency's regulatory reach

The Commodity Futures Trading Commission established a 30-day public comment window following Federal Register publication for both the proposed event contract swap rule and the interim casino-style gambling exclusion rule

Commodity Futures Trading Commission Chairman Michael S. Selig stated that event contracts on sports, politics, cultural events and weather are commodity derivatives within the agency's exclusive federal jurisdiction under the Commodity Exchange Act

On October 9, 2026, the Commodity Futures Trading Commission proposed expanding the Commodity Exchange Act's legal swap definition to expressly include event contracts on sporting, political, cultural, and weather-related outcomes traded on registered designated contract markets

An October 9, 2026 Commodity Futures Trading Commission interim final rule codifies the exclusion of sportsbook wagers and casino-style gambling products from the legal definition of a swap, leaving them under state oversight

Prediction market operators Kalshi and Polymarket seek exclusive regulatory supervision under the Commodity Futures Trading Commission rather than state gambling boards

A single-commissioner CFTC lacks the institutional mandate to enact major jurisdictional rules