CFTC Chair Readies Crypto Rules If Congress Fails to Pass Clarity Act
In brief CFTC Chair Michael S. Selig directed staff to explore crypto market structure rules using the agency's existing authority.
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Key Facts
- Fact 1: If the bill remains stalled, however, he said the CFTC will use its existing authority to establish a regulatory framework for crypto markets, calling it “the most important step towards future-proofing this industry is passing this bipartisan bill.” Myriad: Will the Clarity Act be signed into law in 2026?
In brief CFTC Chair Michael S. Selig directed staff to explore crypto market structure rules using the agency's existing authority.
Selig said he will direct staff to formally propose the rules if the Clarity Act remains stalled in Congress. The potential framework could cover crypto exchanges, leveraged trading, and on-chain finance protocols. Commodity Futures Trading Commission Chair Michael S.
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Original source: Decrypt
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