CFTC Chair Michael Selig says agency is using existing authority for crypto rules

  • CFTC Chair Michael Selig says the agency is establishing a regulatory market structure for crypto assets.
  • CFTC is moving ahead with clear industry rules, Selig says.
  • The agency is relying on its existing statutory authorities for the initiative.

CFTC Chair Michael Selig said the agency is using its existing statutory authorities to establish a regulatory market structure for crypto assets. Selig said the CFTC is moving ahead with clear rules for the industry, though no specific measures or timeline were provided.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.