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The Block (@TheBlockCo): NEW: CFTC Chair Michael Selig urges Congress to pass the Clarity Act, warning that without legislation, regulators like him will end up "writing all t…

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NEW: CFTC Chair Michael Selig urges Congress to pass the Clarity Act, warning that without legislation, regulators like him will end up "writing all the rules" for crypto. "We have to get this done," Selig told Fox Business. "We want to set standards and protect consumers."

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