The head of the Commodity Futures Trading Commission (CFTC), Michael Selig, stated that the crypto industry will receive market structure rules regardless of whether Congress passes legislation. The CFTC, along with the Securities and Exchange Commission (SEC), has been active in issuing crypto guidance, classifying certain digital assets as commodities. This move aims to establish a robust regulatory framework for digital assets and their markets. Market participants interpret this initiative as potentially supportive of a more regulated environment, offering a clearer path for institutional investments.
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