CFTC Chair Michael Selig Launches "Future Proof" Digital Asset Oversight Plan on January 20

On January 20, CFTC Chairman Michael Selig introduced the "Future Proof" program to overhaul the agency's oversight of digital assets with a focus on minimum effective regulation. The initiative is designed to update decades-old rules for derivatives to better address crypto markets, registration, customer protections, and market surveillance. On the same date in 2026, Bitcoin traded around $89,464.19 with a 3.77% daily decline and a 59.18% market dominance, reflecting broader volatility.