CFTC Chairman Mike Selig says agency is establishing crypto asset market structure

  • CFTC Chairman Mike Selig said the CFTC is establishing a crypto asset regulatory market structure.
  • CFTC said it is using existing statutory authorities for the initiative.
  • Mike Selig described the effort as ready to begin, calling it "GO TIME."

CFTC Chairman Mike Selig said the CFTC (U.S. derivatives regulator) is using its existing statutory authorities to establish a crypto asset regulatory market structure. Selig characterized the effort as "GO TIME," signaling that the agency considers the initiative ready to move forward.

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