CFTC to Press Ahead with Digital Asset Rules Despite CLARITY Act Uncertainty

CFTC Chair Michael Selig has announced that the agency will continue developing rules for digital assets, regardless of whether Congress passes the CLARITY Act.

This decision highlights a key question in the US digital asset industry: how much regulatory clarity can agencies provide on their own while Congress works toward a comprehensive framework for cryptocurrencies and digital asset markets?

The CFTC has become a central player in this debate, as policymakers consider how responsibilities should be divided between the CFTC and the Securities and Exchange Commission (SEC).