Foresight News: At a meeting of the Innovation Advisory Committee, Michael Selig, Chair of the U.S. Commodity Futures Trading Commission (CFTC), announced the “New Financial Frontier Roadmap,” clearly laying out three regulatory main lines: crypto assets, AI compute power markets, and prediction markets.

On the crypto front, the CFTC will continue to prioritize pushing for market-structure legislation in Congress, such as the (CLARITY Act). If legislation remains stalled, the CFTC is prepared to use its existing authorities to research and develop a regulatory framework for crypto markets. It may designate certain exchanges as a special type of “designated contract market,” and has already asked staff to communicate with on-chain protocol developers about compliance pathways. On the AI side, the CFTC focuses on compute power markets and has partnered with the U.S. Department of Commerce to issue a request for comments, studying frameworks for spot, forwards, and derivatives. For prediction markets, Michael Selig emphasized the CFTC’s federal exclusive jurisdiction over lawful derivatives, while also moving forward with modifications to Rule 40.11, updates to the full-margin event contract data reporting system, and adjustments to the core principles in Parts 38/40—paying particular attention to retail investor protection, product governance, and market design.