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CFTC Chair urges Congress to pass the Clarity Act as soon as possible, otherwise regulators will be forced to formulate crypto rules.

2026-07-09 17:30:17

Abstract generation in progress

ME News, July 9 (UTC+8), Odaily Planet Daily News: U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig urges the U.S. Congress to pass the Clarity Act as soon as possible. In an interview with Fox Business, he stated that if Congress fails to complete the relevant legislation, regulators like the CFTC will ultimately have to "make all cryptocurrency rules." Selig said: "We must get this legislation done, hope to establish clear regulatory standards, and protect consumers." (Source: ODAILY)

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