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CFTC Chair Mike Selig Says Government Should Not Be Able to Seize Crypto Assets

In a May 13, 2026 interview with Mark Moss, Mike Selig, chair of the CFTC (U.S. derivatives regulator), said it is critical to build a future-proof environment where crypto assets can flourish without government seizure.

Summary

Mike Selig, chair of the CFTC (U.S. derivatives regulator), said in a May 13, 2026 interview with Mark Moss that it is critical to create a future-proof space for crypto assets to flourish and that the government should not be able to come in and seize people’s crypto assets. The remarks frame crypto policy around property rights and regulatory design, highlighting a view that digital assets should be able to develop in an environment with stronger protections against government intervention.

Terms & Concepts
  • CFTC: The Commodity Futures Trading Commission, a U.S. regulator that oversees derivatives markets and has played a key role in crypto market oversight.
  • Crypto assets: Digital assets issued or recorded on blockchain networks, including cryptocurrencies and related tokens.
  • Blockchain: A distributed digital ledger that records transactions across a network, helping verify ownership and transfers without a central authority.