CFTC’s Selig says market structure bill makes US ‘gold standard’ for crypto

CFTC Chairman Michael Selig said the market structure bill moving through Congress would make the United States the “gold standard” for crypto regulation, arguing that clear rules are long overdue for digital asset markets.

Selig said the U.S. has lacked clear digital asset oversight and that new legislation would provide “token taxonomy” and defined jurisdiction to move markets forward.

CFTC chief Michael Selig

Crypto legislation could reach Trump’s desk “in the next couple of months,” CFTC Chairman Michael Selig said, promising clear regulatory rules for digital asset markets. (Andrew Harnik/Getty…

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