The Chairman of the U.S. Commodity Futures Trading Commission, Mike Selig, has indicated that a long-anticipated cryptocurrency market structure bill is close to being signed into law, marking a potential turning point for digital asset regulation in the United States.

U.S. Crypto Regulation Near Breakthrough as CFTC Chairman Signals Imminent Law

According to a report by BlockBeats, Selig stressed the importance of building a regulatory framework capable of evolving alongside rapid technological innovation. He noted that cryptocurrency legislation must remain flexible enough to accommodate future developments while providing clarity and stability for market participants.

Selig also emphasized the need to avoid repeating past regulatory mistakes that may have slowed innovation or created uncertainty within the digital asset sector. A forward-looking legal structure, he suggested, would help foster responsible growth while ensuring adequate investor protection and market integrity.

The impending legislation is widely seen as part of broader efforts by U.S. lawmakers and regulators to establish clear rules governing cryptocurrencies, exchanges, and related intermediaries. Market observers believe that regulatory clarity could encourage institutional participation, reduce compliance ambiguity, and strengthen the long-term foundations of the crypto industry.

If signed into law, the bill would represent one of the most significant regulatory milestones for digital assets in the United States, signaling a shift toward a more defined and structured crypto market environment.