Major Legislative Development for Crypto Markets
In a recent interview with Fox, U.S. Commodity Futures Trading Commission (CFTC) Chair Mike Selig revealed that the crypto market structure bill is on the verge of becoming law.
Clear Objectives of the Legislation
The primary goal of this bill is to establish a robust and forward-looking legal framework for the cryptocurrency market, ensuring the regulatory system keeps pace with the industry's rapid evolution.
- Protect investor rights
- Prevent market manipulation
- Promote compliance and innovation
This progress highlights the growing regulatory focus on the crypto sector.