Wu Blockchain (@WuBlockchain): CFTC Chair: Don‘t Smother Crypto Innovation With Outdated Rules
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CFTC Chair: Don‘t Smother Crypto Innovation With Outdated Rules On March 10, CFTC Chairman Mike Selig stated at the FIA Global Clearing Markets Conference in Florida that the United States is experiencing a new wave of technological revolution. Blockchain technology, crypto assets, and smart contracts are transforming trading, clearing, and settlement processes, while AI and automated systems are also reshaping market structures. He emphasized that regulators must ensure innovators are not constrained by rules and regulations designed for a different era. Source: https://www.youtube.com/watch?v=e0i9GHN0oE0