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 […]

Source: https://news.bitcoin.com/regulation-and-legal/selig-turns-up-the-heat-as-cftc-readies-its-own-crypto-rules/