DevCointelegraphabout 1 hour ago
CFTC chair vows crypto rules if CLARITY stalls
1 min read
CFTC Chair Michael Selig directed staff to explore crypto rules, including leveraged trading and developer protections, if Congress fails to pass the CLARITY Act. The bill awaits a Senate cloture vote in September, needing 60 votes. Selig also claimed exclusive jurisdiction over prediction markets, suing states over Kalshi and Polymarket.
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