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CFTC chair signals crypto rules may move ahead without Congress
The CFTC chair said staff is already working on a crypto market structure framework and could propose rules quickly if the Clarity Act does not advance.
The CFTC chair said U.S. crypto market rulemaking could accelerate even if Congress fails to pass the Clarity Act, according to Decrypt.
Decrypt reports the chair noted that CFTC staff is already exploring a crypto market structure framework, positioning the agency to move quickly toward proposed rules.
The comments suggest the CFTC is preparing internal regulatory groundwork now, rather than waiting solely on legislative action.
If legislative clarity does not arrive, the CFTC chair indicated the agency could take up the next step through its own rule proposal process.