CFTC Chair Mike Selig emphasized the importance of safeguarding cryptocurrency innovation from outdated regulations during his speech at the FIA Global Clearing Market Conference in Florida on March 10. Selig highlighted that the U.S. is undergoing a technological revolution, with blockchain technology, crypto assets, and smart contracts transforming trading, clearing, and settlement processes. He also noted that AI and automated systems are reshaping market structures. Selig stressed that regulatory bodies must ensure that innovation is not stifled by rules designed for a different era.