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 […]
Key Takeaways
- 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 […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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