CFTC Chair Selig blasts Congress over stalled CLARITY Act, pushes agency rules
- —CLARITY Act stalled in the Senate on September 15, 2026, with a 49-50 vote
- —Regulation CTX targets leveraged retail crypto trading under existing CEA authority
- —Regulation CAM creates a federal registration pathway with proof-of-reserves requirements
- —Selig was sworn in as CFTC Chairman on December 22, 2025, after serving on the SEC Crypto Task Force
Why it matters: Agency rules can be reversed by future leadership, leaving crypto markets without durable legislative clarity on CFTC-SEC jurisdiction.
Source: Crypto Briefing