CFTC Chair Selig calls for preparation for mass tokenization and 24/7 trading

CFTC Chair Michael Selig stated that regulators must adapt to mass tokenization, blockchain, and AI, noting that financial markets may undergo more change in the next decade than in the past several decades. The agency is encouraging the responsible adoption of stablecoins and has previously issued guidance on 24/7 trading for energy derivatives. Meanwhile, the SEC recently introduced an innovation exemption to facilitate on-chain trading of tokenized stocks.