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Regulators to Keep Issuing Crypto Rules Under Existing Authority
CFTC Chair Michael Selig said regulators have substantial statutory authority under current law.
Regulators will continue issuing cryptocurrency rules under existing authority. CFTC Chair Michael Selig said regulators have substantial statutory authority under current law.
Selig also examined statutory authorization and the role of legislation while working on matters related to the president’s Digital Assets Market Working Group.
The rules are intended to prepare for new areas of finance.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.