Summary
- Mike Selig, chairman of the Commodity Futures Trading Commission (CFTC), stressed the need for swift passage of the CLARITY Act.
- Selig said the CLARITY Act is essential for the US to maintain its status as a global cryptocurrency hub.
- He added that the US needs a clear regulatory framework for digital-asset markets to preserve its global competitiveness.
Forecast Trend Report by Period
Mike Selig, chairman of the US Commodity Futures Trading Commission, stressed the need for swift passage of the CLARITY Act.
Cointelegraph reported on July 10 that Selig called the bill essential for the US to maintain its status as a global cryptocurrency hub.
He added that the US needs a clear regulatory framework for digital-asset markets to preserve its global competitiveness.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.