CFTC Chairman Mike Selig on crypto, prediction markets and AI-powered market surveillance

CFTC Chairman Mike Selig sits down on the mainstage at Consensus to break down the most consequential regulatory shift in crypto history: a joint SEC-CFTC taxonomy that finally defines what kind of asset everything is, effectively putting the Howey Test to rest. He also makes the case for why prediction markets belong under federal jurisdiction, not state gaming commissions, and why he's already suing multiple states to prove it. Operating as the sole commissioner on a five-member body, Selig is moving fast on rulemaking, AI-powered market surveillance, and cementing the US as the global home for crypto innovation.

-

Timecodes:

00:00 - CFTC Chairman Mike Selig at Consensus Miami 2026

01:00 - The New Crypto Taxonomy

03:13 - Joint CFTC/SEC Rulemaking and Its Durability

04:34 - Protecting Software Developers

06:53 - Why Prediction Markets Belong With the CFTC

09:13 - Sports Wagers vs Event Contracts Explained

11:33 - State Lawsuits and the Path to the Supreme Court

13:36 - Using AI for Market Surveillance

15:09 - Operating as the Sole Commissioner