Svmuu News: Mike Selig, the 16th Chairman of the U.S. CFTC, stated at the FIAconnect Global Clearing Markets Conference held in Florida that the United States is in the midst of a technological revolution driven by AI, blockchain, and prediction markets. He noted that the CFTC’s priorities for the coming years include: establishing clear rules (including the classification of crypto perpetual contracts) to ensure the U.S. maintains its position as a global crypto hub; resolving the jurisdictional dispute with the SEC and ending the “enforcement-over-regulation” model; establishing standards for prediction markets; and positioning the U.S. as a leading market for AI computing power. In addition, Selig emphasized returning the Commission to its core responsibilities, resolving legacy issues from the Dodd-Frank Act, and shifting its focus from climate policy to core sectors such as agriculture, energy, and critical minerals. He stated that it is essential to ensure innovators are not shackled by outdated regulations.