CFTC Chair Michael Selig Says Clarity Act Is Near Completion, Urges Passage Before August Recess

CFTC Chair Michael Selig said the crypto market structure bill known as the Clarity Act is “very close” to being finalized and urged Congress to pass it before the August recess. According to ChainCatcher, Selig made the remarks in the context of ongoing efforts to advance U.S. legislation governing crypto market structure.