CFTC Chairman: Ready to implement the Clarity Act during Trump's term.
Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), posted on the X platform again calling for the prompt passage of the CLARITY Act. He stated that Trump's position on promoting the passage of the CLARITY Act is correct, and that establishing a future-oriented digital asset market structure is crucial.
The CFTC is ready to implement the Act during Trump's term, considering the legislation a key part of ensuring the United States maintains a leadership position in global innovation. "Now is the time to take action." Selig also revealed that the CFTC will set clearer standards for the types of self-certified prediction markets and plans to release a high-level Advanced Notice of Proposed Rulemaking (ANPRM) soon, laying the foundation for more comprehensive prediction market regulations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
EUR/USD: Political risks tilt against Euro – Commerzbank

A whale received 742.5 bitcoin from an exchange, with a total value of approximately $51.48 million.
Bitcoin falls to $69,000 due to concentrated liquidation and weak demand

