CFTC joins SEC in proposing crypto framework after failed CLARITY vote

Crypto Insight Summary: CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a market structure bill. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory clarity may improve but lacks immediate market impact.