Commodity Futures Trading Commission (CFTC) Chairman Michael Selig said the agency will move ahead with crypto market regulations after Congress failed to advance legislation that would have established a broader framework for digital assets.

Selig says CFTC set to establish regulatory pathway for crypto market

Speaking Monday at the Fordham Law Blockchain Regulatory Symposium in New York, Selig said he was disappointed that Congress failed to deliver the Clarity Act. However, he argued that the CFTC can still establish a federal regulatory pathway for parts of the crypto market without waiting for new legislation.

“President Trump promised to deliver a crypto asset regulatory market structure with or without legislation, and we will…