CFTC Chairman urges passage of CLARITY Act

U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig stated on X that the U.S. must provide certainty to innovative companies and market participants about the future of the American crypto industry. He noted that the CLARITY Act would establish comprehensive, long-term rules to support digital asset regulation, stressing that its passage is essential for the U.S. to maintain its status as the world's crypto capital.