CFTC Chairman Mike Selig has announced that the agency is preparing for the possibility of continuous, around-the-clock crypto trading. This move reflects a shift towards more flexible and dynamic regulation. The development follows the CFTC's decision to continue operating without the Clarity Act, which had previously governed its activities.
Source
"CFTC Prepares for Continuous Crypto Trading" — Bitcoin Magazine
This article is Bitcoincryptos' summary and analysis of reporting originally published by Bitcoin Magazine. Read the full original report at the link above.
The Clarity Act, a law passed in 1992, had limited the CFTC's ability to adapt to the rapidly evolving crypto market. By moving forward without this legislation, the CFTC aims to better navigate the complexities of the digital asset space.
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