CFTC Chair Selig Says ‘It’s Go Time’ for Crypto Rules

Selig's framing matters less for the rhetoric than for the sequence: with the Clarity Act stalled in Congress, the CFTC is positioning itself as the venue where crypto market structure actually gets settled, rather than waiting on legislators. That shifts the practical burden onto the agency's rule-writing process and whoever engages with it, since agency rules can move faster but are also more exposed to reversal than statute. Whether the commission sustains this pace — and whether other regulators follow or defer — is the open question worth watching.