According to Jake Chervinsky, the newly confirmed CFTC Chairman, Selig, has announced plans to modernize regulations for perpetual derivatives and onchain markets. This move aims to bring decentralized finance (DeFi) perpetuals and liquidity back to the U.S., offering clear guidance on digital wallets and onchain software systems. The regulatory updates will focus on accommodating decentralized protocols while ensuring compliance and future-proofing the framework.