CFTC says it is ready to advance crypto regulations without Clarity Act
The U.S. derivatives regulator signaled it can move ahead on crypto oversight even if Congress does not pass the proposed crypto Clarity Act.
Fact Check
Multiple independent credible sources confirm the claim. The Paul Hastings crypto policy tracker (Aug 10, 2026) explicitly states CFTC Chairman Selig said rulemaking will proceed with or without the Clarity Act. Law360 (Aug 4, 2026) headline 'CFTC's Selig Has Crypto Rules Ready Even If Clarity Bill Stalls' directly supports it, and Politico (Aug 10, 2026) corroborates that regulators plan to advance crypto rules regardless of legislation. The originating WatcherGuru X post matches these authoritative reports.
Summary
The CFTC (U.S. derivatives regulator) said it is prepared to advance cryptocurrency regulations even if Congress does not pass the crypto Clarity Act. The remark signals the agency believes it has room to keep shaping oversight for parts of the digital-asset market without waiting for a new legislative framework, an important point as Washington debates how responsibilities should be divided among regulators.
Terms & Concepts
- CFTC: U.S. regulator overseeing derivatives markets
- Clarity Act: Proposed U.S. crypto market structure legislation