CFTC Chairman Michael Selig mentioned Congress is poised to advance crypto market construction laws. His feedback got here as Trump Media & Expertise Group disclosed a $40 million Bitcoin buy. The corporate added the belongings to its company steadiness sheet.
In an X publish, analytical platform Lookonchain revealed that Trump Media purchased 451 Bitcoin for about $40.3 million. The deal bumped the corporate’s whole holdings as much as 11,542 BTC, price greater than $1 billion.
The acquisition follows disclosures made earlier in 2025. Trump Media beforehand reported holding roughly $2 billion in Bitcoin and associated digital asset publicity. The corporate has positioned Bitcoin as a core treasury asset.
CFTC Chairman Highlights Market Construction Laws
The regulatory focus intensified following Senate affirmation of Michael Selig because the sixteenth chairman of the Commodity Futures Buying and selling Fee. In an X publish, CFTC chairman mentioned that lawmakers are “poised” to maneuver ahead with laws that can regulate digital asset markets. He mentioned increasing participation and fast-paced technological change have been main drivers,
Selig thanks President Donald Trump for naming him to chair the company. He added that the CFTC is transferring into a brand new period as know-how transforms market habits. He additionally underscored continuity within the company amid a transition.
The CFTC chairman mentioned Congress is quickly to be sending crypto market construction invoice to the president’s desk. He mentioned the trouble was wanted to deliver oversight into the “trendy period.” Regulatory buildings in place had been designed for earlier market formulations, CFTC chairman says.
Laws Seeks to Make clear Federal Crypto Oversight
The invoice would set up federal tips for digital tokens. It additionally clarifies the division of authority between the CFTC and the Securities and Trade Fee.
The Senate invoice known as the Accountable Monetary Innovation Act. It expands on the Home of Representatives’ CLARITY Act, which it permitted in July. Consideration had been suspended over the vacation break. The Senate Banking Committee is on monitor to carry a markup the crypto invoice in January, with the risk of a ground vote.
White Home AI and crypto adviser David Sacks known as the second a important juncture for digital asset regulation. Management on the CFTC and SEC is in sync on making the principles clearer, he mentioned. His feedback adopted renewed legislative exercise tied to the market construction proposal.
