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CFTC to Discuss Clarity Act Regulation Amid Legislative Gap

Guavy AI Editorial Team
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The U.S. Commodity Futures Trading Commission (CFTC) is set to discuss regulatory issues related to cryptocurrency, artificial intelligence (AI), and prediction markets at an Innovation Advisory Committee meeting on August 20.

The key issue on crypto in this agenda is how to link follow-on legislation in Congress with actions by regulators. The CFTC presented 'regulatory areas that can complement congressional legislation' as one of the discussion topics.

This comes amid a legislative gap in Congress, where the 'Clarity bill', which aims to advance digital asset market structure, failed to advance before entering its August recess last week.

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