U.S. CFTC Chairman: Ready to implement the CLARITY Act during Trump's term

SmartContractAuditor · 2026-03-04T02:56:21+00:00

Chairman Mike Selig of the U.S. Commodity Futures Trading Commission (CFTC) calls for the swift passage of the CLARITY Act, emphasizing its critical role in establishing the future digital asset market structure. He states that the CFTC is prepared to implement the act during the Trump administration to ensure America's leadership in global innovation. At the same time, the CFTC plans to set standards for self-certified prediction markets and will soon release a notice of proposed rulemaking.

SmartContractAuditor

2026-03-04 02:56:21

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Odaily Planet Daily reports that Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), posted on the X platform again urging the swift passage of the CLARITY Act. He stated that Trump’s stance on promoting the passage of the CLARITY Act is correct and that establishing a forward-looking digital asset market structure is crucial. The CFTC is prepared to implement the bill during Trump’s term, considering it a key step to ensure the U.S. maintains its leadership in global innovation. “Now is the time to take action.” Selig also revealed that the CFTC will set clearer standards for self-certified prediction markets and plans to release a high-level proposed rule notice (ANPRM) in the near future to lay the groundwork for more comprehensive prediction market regulations.

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