CFTC Chairman: Ready to implement the Clarity Act during Trump's term.
Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), posted on the X platform again calling for the prompt passage of the CLARITY Act. He stated that Trump's position on promoting the passage of the CLARITY Act is correct, and that establishing a future-oriented digital asset market structure is crucial.
The CFTC is ready to implement the Act during Trump's term, considering the legislation a key part of ensuring the United States maintains a leadership position in global innovation. "Now is the time to take action." Selig also revealed that the CFTC will set clearer standards for the types of self-certified prediction markets and plans to release a high-level Advanced Notice of Proposed Rulemaking (ANPRM) soon, laying the foundation for more comprehensive prediction market regulations.
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