U.S. Commodity Futures Trading Commission (CFTC) Chair Michael Selig tells agency staff to begin work on crypto regulation if the proposed “Clarity Act” does not pass. Speaking at the inaugural meeting of the CFTC’s Innovation Advisory Committee, Selig says the agency will not wait without taking action.
Both outlets report that Selig directs staff to explore specific policy approaches rather than leaving the matter idle pending legislative outcomes. Cointelegraph says the work includes examining “developer protections” and other crypto-related policy options. CoinDesk similarly frames the message as an instruction to create regulatory proposals if the Clarity Act fails.
The core difference in emphasis is the level of detail: Cointelegraph specifies categories such as developer protections, while CoinDesk focuses more broadly on the CFTC’s warning to staff and the conditional plan tied to the Clarity Act’s fate. Neither outlet presents new legislative text or a timeline for when the CFTC would publish any resulting rules.
