{"id":47536,"date":"2026-07-11T07:04:00","date_gmt":"2026-07-11T07:04:00","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=47536"},"modified":"2026-07-11T07:04:00","modified_gmt":"2026-07-11T07:04:00","slug":"cftc-chairman-urges-immediate-senate-passage-of-clarity-act-for-crypto-certainty","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=47536","title":{"rendered":"CFTC Chairman Urges Immediate Senate Passage of Clarity Act for Crypto Certainty"},"content":{"rendered":"

\"\"<\/p>\n

The Chairman of the Commodity Futures Trading Commission (CFTC), Michael Selig, is calling on the Senate to pass the Clarity Act without delay.<\/p>\n

In a new interview on Fox Business, Selig emphasizes<\/a> the need for a federal framework and statutory guardrails while noting the bill remains within reach despite disputes.<\/p>\n

\u201cWe have to get this done. It\u2019s absolutely critical that we have federal standards for crypto assets. And right now we\u2019ve dealt with a patchwork of state laws and regulations, and it\u2019s really been bad for business here in the United States. We want to get this done so that we have certainty and clarity, and consumer protection should be a bipartisan issue. We\u2019ve got to get it across the line.\u201d<\/em><\/p>\n

Selig warns that failure to act on the highly anticipated crypto bill means regulators like him will end up writing all the rules for digital assets.<\/p>\n

\u201cWe want to set standards and protect consumers, protect investors, and that\u2019s something that Democrats and Republicans should be able to get behind. I do think there\u2019s a little bit of this creep into ethics and other types of extraneous issues, and they\u2019re just derailing this real opportunity to have a bipartisan bill in place. Otherwise, you end up with regulators like me writing all the rules, and I\u2019m sure all the Democrats would prefer to get something in place that\u2019s bipartisan\u201d<\/em><\/p>\n

The legislation aims to create a comprehensive regulatory framework for cryptocurrencies. It is designed to address crypto legal uncertainty by drawing clear jurisdictional boundaries between the CFTC and the U.S. Securities and Exchange Commission (SEC).<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

The post CFTC Chairman Urges Immediate Senate Passage of Clarity Act for Crypto Certainty<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The Chairman of the Commodity Futures Trading Commission (CFTC), Michael Selig, is calling on the Senate to pass the Clarity Act without delay. In a new interview on Fox Business, Selig emphasizes the need for a federal framework and statutory guardrails while noting the bill remains within reach despite disputes. \u201cWe have to get this […]<\/p>\n","protected":false},"author":1,"featured_media":47537,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-47536","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\nCFTC Chairman Urges Immediate Senate Passage of Clarity Act for Crypto Certainty - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=47536\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CFTC Chairman Urges Immediate Senate Passage of Clarity Act for Crypto Certainty - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"The Chairman of the Commodity Futures Trading Commission (CFTC), Michael Selig, is calling on the Senate to pass the Clarity Act without delay. 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