The Trump administration continues to further strengthen its pro-crypto stance, and CFTC Chairman Mike Selig’s recent comments provided one of the clearest signals yet about how Washington currently views Bitcoin and digital assets.
In a conversation with Mark Moss on the Market Disruptors Podcast, Selig said the chances of the U.S. banning Bitcoin are currently “very close to zero.”
“I think we have to create a space for Bitcoin and crypto assets to thrive here,” Selig explained. “It’s a promising space, right? It’s a space where the government can’t come in and seize people’s crypto assets or their Bitcoin.”
He maintained that private property rights remain a core American principle, and said those protections should also be extended to self-custodial wallets and digital assets.
“This country was founded on the premise of private property,” he said. “All our rights derive from the right to own what is our own.”
Trump administration promotes virtual currency roadmap
Selig repeatedly described Donald Trump as the “crypto president” and said the White House is actively involved in developing the country’s long-term crypto roadmap.
“We released a report that lays out exactly what I believe is a blueprint for making the United States the absolute leader in cryptocurrencies,” Selig said.
He pointed to the launch of regulated Bitcoin futures under the previous Trump administration as a major turning point in the system’s implementation. The White House currently supports bills such as the Genius Act on stablecoins and the Clarity Act on broader crypto regulation.
Selig said the goal is to protect developers, exchanges, and self-custody users while preventing another version of “Operation Chokepoint” or a large-scale debanking of crypto businesses.
The Strategic Bitcoin Reserve Story Grows
The conversation also touched on the growing strategic Bitcoin reserve within Washington.
Recently, White House Cryptocurrency Advisor Patrick Witt revealed that new announcements related to reserves and the broader digital asset stockpile could be announced “in the coming weeks.”
White House doubles strategic Bitcoin reserves 🇺🇸
Crypto asset advisor Patrick Witt says $BTC is part of the “financial infrastructure of the future.”
New reservation announcements will be published soon. 👀 https://t.co/WdcNwnvMQa pic.twitter.com/4msYVpWfjp
— CryptosRus (@CryptosR_Us) May 13, 2026
“We will be making an announcement regarding our strategic Bitcoin reserve for digital assets,” Witt said. “These assets are the new infrastructure and the new architecture of the future of finance.”
He added that the administration now views Bitcoin akin to gold, and sees the digital asset as increasingly important to U.S. economic and national security strategy.
Witt added: “We need to lead on these and think very forward-thinking about how we approach these assets.”
