Highlight Clip: CFTC Chairman: Binance Hack Again Shows Offshore Exchange Needs US Regulation CFTC Chairman: Binance Hack Again Shows Offshore Exchanges Need US Regulation December 30, 2026 CFTC Chairman Michael Selig said in an interview that the Binance hack highlighted the lack of safeguards in offshore crypto exchanges equivalent to those in US financial markets. He called for an optional federal registration pathway for platforms, requiring them to meet compliant cybersecurity standards. He said the attack did not target the blockchain itself or the contracts on the chain, adding that the traceability of transactions on the chain could help regulators. - Link.