In remarks delivered at the Innovation Advisory Committee Conference in Washington, D.C., Selig said: “We owe it to the American people to do so. President Trump promised to deliver a crypto asset market structure, and we will help him deliver if Congress will not.”

Selig said he has directed CFTC staff to explore rules to codify a CFTC market structure for crypto assets using the agency’s existing authorities and to engage with developers of on-chain finance protocols to establish ways in which…