About this episode
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.------? DEBRIEF | RYAN & DAVID UNPACKING THE EPISODEhttps://www.bankless.com/podcast/debrief-making-america-the-crypto-capital-of-the-world------?POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast ?GALAXY | INSTITUTIONAL DIGITAL FINANCEhttps://bankless.cc/galaxy-podcast ?BITGET TRADFI | TRADE GOLD WITH USDThttps://bankless.cc/bitget?THE DEFI REPORT | ONCHAIN INSIGHTShttps://thedefireport.io/bankless? WORLD | FULLY ONCHAIN EXCHANGEhttps://bankless.cc/world------TIMESTAMPS0:00 Intro0:33 Mike’s Background4:25 Commodity Markets Transformation7:31 Commodity Definition10:56 The Role of the CFTC11:56 Prediction Markets17:48 Navigating New Markets20:34 Are Prediction Markets CFTC Territory?24:45 Insider Trading vs Information Advantage28:25 Trump’s Conflict of Interests29:21 Clarity Act34:58 Project Crypto36:58 Project Crypto39:37 Def