Former CFTC chair says US crypto rules can advance despite CLARITY Act failure
13 Articles
13 Articles
Former CFTC chair says US crypto rules can advance despite CLARITY Act failure
Former Commodity Futures Trading Commission Chairman J. Christopher Giancarlo has said U.S. regulators can continue building crypto rules after the Senate failed to advance the CLARITY Act in a 49-50 procedural vote. Giancarlo told journalist Eleanor Terrett on Sept. 16…
SEC and CFTC Chairmen Say They Will Write Crypto Rules Without CLARITY Act
Michael Selig said the CFTC is "locked in and ready to ship its rules for the new frontier of finance." Paul Atkins said the SEC will "act decisively within the SEC's statutory authority." Both posted the statements to X on Wednesday, within two hours of each other, the day after the Senate blocked
The president of the CFTC, Michael Selig, said that they are in the phase of preparing a comprehensive regulatory plan for the crypto sector, making use of the legal powers of the regulatory entity. This initiative arises hours after the U.S. Senate blocked the advance of the historic CLARITY Law with a vote of ... Read more
CFTC Says Agency Will Write Rules Following Clarity Act Fail
Commodity Futures Trading Commission Chair Mike Selig has said that the top regulator will go ahead and use its powers to advance crypto legislation despite the Clarity Act being blocked. In a Wednesday statement released on X, Selig said that the regulator would still help U.S. President Trump “get the job done.” Lawmakers blocked the Clarity Act on Tuesday in a procedural vote, with the long-awaited legislation missing the 60 votes needed to…
U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig announced that the institution will continue its regulatory efforts using its existing legal powers following the failure of the Senate vote on the Clarity Act, a regulatory framework for the cryptocurrency market. In a statement made via X, Selig described the Senate's outcome as "unfortunate," adding that Americans need regulatory clarity, legal certainty, and consumer pro…
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BITRSSSEC and CFTC Take the Wheel After CLARITY Vote Failure
Following the failed Senate vote on Tuesday concerning the CLARITY Act, several high-profile individuals shared their two cents on the matter. The following day, the Chairman of the Commodity Futures Trading Commission (CFTC) told the public that the “outcome of yesterday’s Senate vote was unfortunate.” The SEC and CFTC Are Ready to Move Without Congress […]
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