WatcherGuru
CFTC Chair Mike Selig welcomed today's Crypto Clarity Act vote with a pointed declaration: the United States is on course to become "the crypto capital of the world." His statement signals that the country's top derivatives regulator is firmly aligned with the legislative push to give crypto markets a durable regulatory framework.
The Crypto Clarity Act has been one of the most closely watched pieces of digital-asset legislation in Washington, aiming to resolve the long-running jurisdictional dispute between the CFTC and the SEC over which agency governs which class of crypto assets. A clear delineation of authority has been the single biggest structural ask from institutional participants sitting on the sidelines.
Selig's framing — "America will remain the global hub for crypto innovation for years to come" — is notable because it comes from a regulator, not a lobbyist. When the…
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