CFTC Chair Michael Selig warned regulators may end up writing crypto rules if Congress fails to pass the Clarity Act.

The CLARITY Act names the CFTC as crypto's federal regulator. But the one-commissioner agency with shrinking staff can't yet carry a mandate this size.

CFTC Chair announces the Clarity Act is nearing passage. Clarity Act signed into law in 2026 at 44.5% YES.