CFTC Chair Michael Selig said he intended to “direct CFTC staff to move swiftly“ on crypto regulation if lawmakers in Congress were unable to pass the CLARITY Act.

CFTC Chairman Selig previews the agency's Innovation Advisory Committee, set to tackle crypto regulation, AI in finance, and prediction markets.

CFTC Chairman Michael Selig says the agency has crypto rule proposals ready and will advance them regardless of the CLARITY Act's progress in