[CFTC Chairman Selig: Proposed Crypto Regulatory Framework Aims to Prevent FTX-Style Risks] Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated in an article that the proposed regulatory framework for crypto assets is designed to protect exchange customers from risks such as fraud, market manipulation, and misappropriation of customer funds, aiming to prevent a recurrence of incidents like FTX. He criticized voices opposing market-based regulation and advocating for maintaining the status quo, arguing that this could leave room for similar risks. The framework is currently still in the proposal stage.