CFTC Chair Mike Selig emphasized the importance of creating a future-oriented space for crypto assets, stating that government intervention to seize cryptocurrencies and Bitcoin should no longer be allowed. In an interview with Mark Moss on May 13, 2026, Selig addressed concerns about the potential for the U.S. government to declare cryptocurrencies illegal, asserting that such an event is highly unlikely today. Selig highlighted the necessity of establishing clear legal frameworks to prevent a repeat of past government actions like "Operation Choke Point 3.0." He advocated for the implementation of legislative measures such as the Clarity Act and the Genius Act to provide structured guidance for the crypto industry.