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Senate Hardens Focus on Crypto Oversight with CFTC Nominee Hearing
The U.S. Senate Agriculture Committee questioned Michael Selig-President Donald Trump’s pick for Commodity Futures Trading Commission (CFTC) Chair—on his approach to crypto regulation. Selig emphasised his goal of “clear, simple guidelines” for crypto firms and indicated a push to increase CFTC’s role over crypto spot markets if the CLARITY Act passes.
Senators probed his readiness to handle oversight, budgeting and coordination with the Securities and Exchange Commission (SEC) amid calls for regulatory certainty.
Tags:
- crypto
- regulation
Reuters• By Harsh Ranjan
Explore:Mutual Fund Screening
neutral-cautious
Senate Hardens Focus on Crypto Oversight with CFTC Nominee Hearing
The U.S. Senate Agriculture Committee questioned Michael Selig-President Donald Trump’s pick for Commodity Futures Trading Commission (CFTC) Chair—on his approach to crypto regulation. Selig emphasised his goal of “clear, simple guidelines” for crypto firms and indicated a push to increase CFTC’s role over crypto spot markets if the CLARITY Act passes.
Senators probed his readiness to handle oversight, budgeting and coordination with the Securities and Exchange Commission (SEC) amid calls for regulatory certainty.
Tags:
- crypto
- regulation
Reuters• By Harsh Ranjan
Explore:Mutual Fund Screening
1 min read
72 words
The Senate quizzes CFTC nominee Selig about crypto oversight as focus shifts to clearer regulation and agency jurisdiction.
The U.S. Senate Agriculture Committee questioned Michael Selig-President Donald Trump’s pick for Commodity Futures Trading Commission (CFTC) Chair—on his approach to crypto regulation. Selig emphasised his goal of “clear, simple guidelines” for crypto firms and indicated a push to increase CFTC’s role over crypto spot markets if the CLARITY Act passes.
Senators probed his readiness to handle oversight, budgeting and coordination with the Securities and Exchange Commission (SEC) amid calls for regulatory certainty.
The U.S. Senate Agriculture Committee questioned Michael Selig-President Donald Trump’s pick for Commodity Futures Trading Commission (CFTC) Chair—on his approach to crypto regulation. Selig emphasised his goal of “clear, simple guidelines” for crypto firms and indicated a push to increase CFTC’s role over crypto spot markets if the CLARITY Act passes.
Senators probed his readiness to handle oversight, budgeting and coordination with the Securities and Exchange Commission (SEC) amid calls for regulatory certainty.
Tags:
- crypto
- regulation
- crypto
- regulation
- usa
- cftc
- legislation