Wu Blockchain (@WuBlockchain): CFTC Chairman Michael Selig: Agency Will Advance Crypto Rules Under Existing Statutory Authority
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CFTC Chairman Michael Selig: Agency Will Advance Crypto Rules Under Existing Statutory Authority U.S. CFTC Chairman Michael Selig said on X that yesterday’s Senate vote was unfortunate and that Americans deserve regulatory clarity, legal certainty and consumer protections in crypto asset markets. He said President Trump had promised to deliver a future-proof crypto asset regulatory market structure, adding that the CFTC would help advance it using its existing statutory authority. Selig added that the CFTC is ready to issue rules for the “new frontier of finance.”