Selig said the CFTC is ready to move ahead with crypto rules, including if the CLARITY Act does not pass, as the United States approaches greater regulatory certainty for builders and innovators.
CFTC's Mike Selig said the United States is nearing greater clarity and certainty for crypto builders and innovators, while adding that the CFTC is prepared to implement rules to support the sector. He also said the agency is "ready to go" with regulations even if the CLARITY Act does not pass, signaling that the U.S. derivatives regulator believes it can continue its regulatory work without waiting for the legislation.