Daily Market Updates: CFTC Chair warns crypto rules may be written if Clarity Act stalls

Crypto

Home›Crypto›Regulation›CFTC Chair warns crypto rules may be written if Clarit…

CFTC Chair warns crypto rules may be written if Clarity Act stalls

Michael Selig said regulators could be forced to draft comprehensive crypto rules if Congress does not pass the Clarity Act.

Reported · Written up by our desk · Regulation

The Block reports that CFTC Chair Michael Selig warned regulators may end up writing the full set of crypto rules if the Clarity Act stalls in Congress.

Selig’s comments focus on what could happen to the regulatory process if lawmakers fail to pass the proposed legislation.

Sources

The BlockCFTC Chair Selig warns regulators will end up ‘writing all the rules’ for crypto if Clarity Act stalls

More like this

CryptoKalshi court loss leaves prediction markets constrained by state rules

CryptoWhite House defends crypto regulatory appointments as CFTC posts remain vacant

CryptoUK lawmakers consider making a crypto donation ban permanent

CryptoHyperliquid, Phantom urge US regulators to reclassify onchain protocols

CryptoUK lawmakers seek to make crypto donation ban permanent

← Newer storyBitcoin holds above $60,000 as tensions lift oil prices Older story →Next financial crisis is already under way

Crypto

CFTC Chair warns crypto rules may be written if Clarity Act stalls

Sources

More like this

Get the close, explained.