CFTC Chair Prepares Crypto Regulations Amid Congressional Stalemate
CFTC Chairman Michael Selig has directed agency staff to develop a regulatory framework for cryptocurrency markets, anticipating that the stalled Clarity Act may not advance in Congress. During the Innovation Advisory Committee's meeting, he emphasized the need for proactive measures, including exploring developer protections and market structure frameworks.
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Selig Turns up the Heat as CFTC Readies Its Own Crypto Rules
Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has ordered agency staff to prepare a backup regulatory framework for cryptocurrency markets if Congress fails to advance the stalled Clarity Act. Speaking Thursday at the CFTC Innovation Advisory Committee’s inaugural meeting in Washington, Selig explained that legislation remains his preferred route but made clear the agency […]
CFTC chair says agency will move forward on crypto regulation if CLARITY fails
Michael Selig said at a meeting of the Innovation Advisory Committee that he had directed CFTC staff to explore developer protections and other crypto-related policies.
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
Commodity Futures Trading Commission Chairman Mike Selig told the inaugural gathering of the Innovation Advisory Committee that his agency won't sit idle.
CFTC Chair Readies Crypto Rules If Congress Fails to Pass Clarity Act
The CFTC chair said staff is already exploring a crypto market structure framework and could move quickly to propose rules if Congress fails to act.