CFTC Chair Mike Selig on Crypto

in #btc3 days ago
  1. Crypto will get definitive market structure rules, whether or not Congress passes the Clarity Act.

  2. Trump removed anti-crypto SEC Chair Gary Gensler as part of the push to make the U.S. the crypto capital of the world.

  3. The CFTC is exploring rules that would let crypto exchanges offer leverage and margin trading.

  4. The agency already has proposals ready and will use its existing authority to build a crypto framework if needed.

  5. He’s optimistic the Clarity Act will still clear the Senate (procedural vote set for September 15).

  1. The Trump administration has already delivered major wins like GENIUS Act.

He said the Clear rules are coming so the U.S. can lead and keep innovation onshore.