CFTC Chairman Mike Selig emphasized the importance of regulatory coordination with the SEC on crypto assets during a podcast appearance. Selig outlined his priorities, including advancing legislation to grant the CFTC broad authority over spot markets and modernizing rules for blockchain and digital assets. He stressed the need for forward-looking regulations that adapt to technological innovations like AI. Selig also revealed efforts to finalize a memorandum of understanding with the SEC to prevent jurisdictional conflicts and ensure consistent standards across blockchain networks. This collaboration aims to clearly define regulatory boundaries and avoid overlapping frameworks, facilitating smoother operations for market participants.