CFTC Chair Mike Selig said the agency is drafting standards for crypto, AI, and prediction markets, while the broader roundup also noted the Ethereum Foundation’s new mandate and rising U.S. crypto lobbying activity.
CFTC Chair Mike Selig said the U.S. Commodity Futures Trading Commission is drafting rules and standards for innovation in financial markets, specifically covering crypto, artificial intelligence, and prediction markets, while also seeking talent in technology and markets. The new roundup additionally referenced the Ethereum Foundation’s release of its EF Mandate, estimated roughly $271 million in crypto lobbying tied to the 2026 U.S. election, and highlighted escalating tensions involving Iran and the Strait of Hormuz.