Mike Selig: The CFTC is pushing forward with a voluntary federal registration path for crypto exchanges.

Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), said that in the absence of action from Congress, the CFTC is moving toward a voluntary federal registration path for crypto exchanges to bring them closer to U.S. market regulatory standards and believes that the crypto market should enjoy the same protections as the U.S. derivatives market.