CFTC Chairman Praises Senate Banking Committee's Progress on Crypto Policy

CFTC Chairman Mike Selig has expressed approval of the Senate Banking Committee's recent passage of the Clarity Act markup. According to NS3.AI, Selig highlighted that this legislative move represents progress in U.S. crypto policy. He noted that the measure aims to distinguish between securities and commodities, establish clearer rules for crypto trading, and shift the focus away from enforcement-centric regulation.