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

CFTC Chair Selig said in a CNBC interview that the crypto industry is adopting rules proposed by the Commodity Futures Trading Commission in October. Selig indicated that legislative efforts to establish crypto regulation appear unlikely to advance. The CFTC proposed the rules to establish its jurisdiction over cryptocurrency trading and related activities.

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

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