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Deep Tide TechFlow message: On July 19, Mike Selig, Chair of the U.S. Commodity Futures Trading Commission (CFTC), posted that one year after the GENIUS Act became law, the United States has become the “global crypto hub,” and thanked the leadership of U.S. President and Senator Bill Hagerty for making this goal possible.
Mike Selig added that the CFTC will work to advance the implementation of the CLARITY Act, providing the American public with a clearer and more well-defined regulatory environment for the crypto market, further improving digital asset market rules, and help the United States maintain a leading position in global competition within the crypto industry.