CFTC Proposes New Crypto Framework Rules After Failed CLARITY Vote

CFTC Proposes New Crypto Framework Rules After Failed CLARITY Vote

CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a market structure bill.

Selig Says Existing Law Can Support CFTC Rules for Crypto Markets

The CFTC is seeking public comment on possible rules for certain crypto transactions and trading venues. Its notice does not create binding requirements.

CFTC joins SEC in proposing crypto framework after failed CLARITY vote

CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a market structure bill.

SEC and CFTC Advance Targeted Crypto Relief as CLARITY Stalls

On September 17, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission’s (CFTC) Market Participants Division each announced relief for onchain trading: the SEC an Innovation Exemption for tokenized stock, and CFTC staff a no-action position for passive trading software. Both came two days after the Senate failed to invoke cloture […]