CFTC chair Selig signals plan to enshrine crypto policy in formal rules

Commodity Futures Trading Commission Chairman Mike Selig has signaled an intent to set crypto policy into formal rules that would be hard to reverse down the road.

Selig has begun what has been described as a "future-proof" initiative aimed at championing cryptocurrency, according to the source material.

Details about the specific rules, the timeline for implementing them and how they would be enforced were not provided in the material.

Key Topics

Crypto, Mike Selig, Cftc, Cryptocurrency, Crypto Regulation, Rulemaking