CFTC Chair: The US government can no longer seize your crypto — and the chance of making it illegal is 'slim to none'!

CFTC Chair Mike Selig told interviewer Mark Moss on May 13 that protecting crypto holders from government seizure is now a policy priority, not just a talking point. Selig stated directly that the government should not be able to come in and seize people's Bitcoin or other crypto assets — and that the probability of the US making crypto illegal has dropped to slim to none.

Selig pointed to the previous administration's 'Operation Choke Point 3.0' as the cautionary tale driving urgency around statutory clarity. His prescription: get the Clarity Act and the Genius Act across the finish line to create a durable, future-proof legal framework that can't be reversed by the next administration's enforcement posture.