US CFTC chair: 'Regulation of virtual assets will soon become clearer'

Source
JH Kim

Summary

  • The US CFTC was reported to have expressed optimism about clarifying regulation of virtual assets (cryptoassets).
  • CFTC chair Michael Selig was reported to have said that regulations related to virtual assets will soon become clearer.
  • The remarks were reported to be seen as a factor raising expectations that efforts to overhaul the regulatory framework for virtual assets in the US could gain momentum.

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The US Commodity Futures Trading Commission (CFTC) has signaled optimism that rules governing virtual assets (cryptoassets) will be clarified.

According to Solid Intel on the 25th (local time), CFTC chair Michael Selig said, "Regulations related to virtual assets will soon become clearer."

The remarks are seen as boosting expectations that efforts to overhaul the US regulatory framework for virtual assets could accelerate.

Photo=Shutterstock
Photo=Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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