Veytics Intelligence
2026-11-13 · CNBC

CFTC Chair Selig tells CNBC crypto industry is embracing agency rules as legislation hopes fade

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The Commodity Futures Trading Commission is already seeing demand from crypto exchanges planning to opt in to its newly proposed rules governing digital assets, according to Chairman Michael Selig. The commodities regulator in October proposed rules aimed at preventing abuse in crypto markets and codifying crypto transaction rules under a federal rulebook. In the announcement , Selig said the move was a "critical step" in ensuring the United States remains the crypto capital of the world.

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