CFTC Chair Selig: US will remain crypto capital, regulator to chart its own course
- —Selig called the Senate vote on the market structure bill "regrettable"
- —The CFTC is ready to use its powers under existing laws to regulate crypto
- —Specific rules, timelines and procedures were not disclosed in the statement
Why it matters: A signal that US crypto regulation will continue through the CFTC even without new legislation, reducing uncertainty after the failure of the CLARITY Act.
Source: Blockmedia