CFTC chair: commission ready to issue rules for new financial areas
- —CFTC Chairman Mike Selig announced readiness for new rules
- —The regulation will cover "new financial areas," including crypto
- —Timelines and details of the initiative were not disclosed
Why it matters: The signal of imminent CFTC rulemaking could set the rules of the game for the U.S. crypto market amid the stalling of the CLARITY Act.
Source: PANews