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Policy|Crypto

Selig Says CFTC Will Propose Crypto Rules If Clarity Act Stalls

CFTC Chair nominee Michael Selig said the agency would move to propose crypto-specific rules if the Clarity Act does not advance. His comments signal that the CFTC may pursue regulatory action independently if Congress fails to provide…

Law360

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Aug 21, 2026 at 12:34 AM UTC · Updated il y a 17 minutes · 1 min de lecture

Selig Says CFTC Will Propose Crypto Rules If Clarity Act Stalls
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Selig Says CFTC Will Propose Crypto Rules If Clarity Act Stalls

By Aislinn Keely ( August 20, 2026, 8:34 PM EDT) -- U.S. Commodity Futures Trading Commission Chairman Michael Selig said Thursday that he's directed agency staff to begin crafting crypto rules in the event that crypto market structure legislation fails to move forward in September....

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The CFTC preparing crypto rules could create a regulatory fallback if Congress does not advance market-structure legislation. This signals that U.S. crypto firms may face agency-led rulemaking, which could affect compliance planning and the division of oversight between regulators.

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Réponses Rapides

What did Michael Selig say about crypto regulation?

Selig said the CFTC would propose crypto rules if the Clarity Act stalls.

What happens if the Clarity Act does not pass?

According to Selig, the CFTC could pursue its own proposals for crypto-specific rules.

What crypto rules would the CFTC propose?

The excerpt does not identify specific rules or provide a timetable for any proposals.

#government-policy#crypto#regulation

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