World · Regulation · United States ·
CFTC chair directs staff to draft crypto rules if CLARITY Act fails
US Commodity Futures Trading Commission (CFTC) Chair Mike Selig told the Innovation Advisory Committee that his agency will move forward on crypto regulation if Congress does not pass the CLARITY Act. He directed staff to explore developer protections and other crypto-related policies.
Why it matters for the crypto market
Signals a regulatory backup plan that could reshape US crypto oversight if pending legislation stalls, affecting market structure rules and compliance frameworks.
Source: CoinDesk
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