CFTC Chair Says Agency Will Keep Writing Crypto Rules Under Existing Authority
- —Selig said regulators already hold substantial authority and won't wait for new laws
- —CFTC is reviewing a dedicated market framework for crypto exchanges and leverage trading
- —Conditional service approval for unregistered exchanges under CFTC oversight is under consideration
- —Remarks follow the failed Senate cloture vote on the CLARITY Act
Why it matters: Faster US regulatory clarity without new legislation could reduce uncertainty for exchanges and traders.
Source: Bloomingbit