Episode Details

A conversation with new CFTC Chairman Mike Selig on the policy shift behind America’s push to become the crypto capital of the world.

We cover the CFTC’s evolving role in crypto, prediction markets, and perpetuals, the end of regulation by enforcement, how the agency is thinking about DeFi and software developers, and why market structure legislation like the Clarity Act could reshape the future of U.S. crypto.

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🎬 DEBRIEF | RYAN & DAVID UNPACKING THE EPISODE

https://www.bankless.com/podcast/debrief-making-america-the-crypto-capital-of-the-world

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🔮POLYMARKET | #1 PREDICTION MARKET

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🪐GALAXY | INSTITUTIONAL DIGITAL FINANCE

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🏅BITGET TRADFI | TRADE GOLD WITH USDT

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🎯THE DEFI REPORT | ONCHAIN INSIGHTS

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🌍 WORLD | FULLY ONCHAIN EXCHANGE

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TIMESTAMPS

0:00 Intro

0:33 Mike’s Background

4:25 Commodity Markets Transformation

7:31 Commodity Definition

10:56 The Role of the CFTC

11:56 Prediction Markets

17:48 Navigating New Markets

20:34 Are Prediction Markets CFTC Territory?

24:45 Insider Trading vs Information Advantage

28:25 Trump’s Conflict of Interests

29:21 Clarity Act

34:58 Project Crypto

36:58 Project Crypto

39:37 Defining Intermediary

43:32 Exchanges vs L2s

45:50 No More Wells Notices

50:17 The New CFTC & SEC

54:51 Making America the Crypto Capital of the World

57:08 Best of the Clarity Act

59:04 Closing & Disclaimers

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RESOURCES

Mike Selig

https://x.com/ChairmanSelig 

CFTC

https://www.cftc.gov/ 

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