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CFTC to Regulate Crypto Without Congress | Bitcoin and Crypto News
Description
The CFTC is poised to step in and craft its own crypto regulations if Congress fails to pass the stalled Digital Asset Market Clarity Act, with Chairman Mike Selig directing staff to build a compliant framework for digital asset markets — including working with developers to ensure U.S. legality — while also advancing rules for prediction markets, all as industry leaders express relief at a shift from past regulatory chaos.
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