CFTC Chairman Urges Senate to Immediately Pass Clarity Act for Federal Crypto Regulation

In a recent Fox Business interview, CFTC Chairman Michael Selig called on the Senate to immediately pass the Clarity Act, emphasizing the need for a comprehensive federal regulatory framework for cryptocurrencies. Selig criticized the current patchwork of state regulations as harmful to business and stressed that federal standards are critical for consumer protection. He warned that if lawmakers fail to act, regulators like himself will be forced to write all the rules for digital assets without legislative guidance.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments