CFTC Chair Selig tells CNBC crypto industry is embracing agency rules as legislation hopes fade
Summary
The head of the main United States commodities regulator told CNBC that the digital asset sector is accepting agency regulations. This shift comes as expectations for new legislative action begin to decline. In October, the same regulatory official introduced proposed guidelines aimed at establishing authority over the cryptocurrency market.
The top U.S. commodities regulator in October announced proposed crypto rules to assert its jurisdiction over the asset class.
Source: Read the full story at US Top News and Analysis
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