CFTC Chair Says 'Go Time' for Crypto Rules

Eight days after the Senate blocked the Clarity Act, CFTC Chair Mike Selig said on CNBC the agency will write crypto market structure rules using existing authority. The SEC approved a five-year Innovation Exemption for tokenized US stocks, and the CFTC filed two prerules with the White House. Perps exchanges like Hyperliquid and Lighter stand to gain.