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CFTC Opens Crypto Rulebook as Selig Tells Industry ‘Build Here’

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: The CFTC took the wraps off a potentially sweeping U.S. crypto market framework Monday, opening a 60-day public comment period on rules covering retail crypto commodity transactions. Chairman Michael S. Selig paired the move with an unusually direct message to builders: “Build here.” His pitch is simple but consequential. Washington wants crypto firms operating under […] Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Major Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Clear regulatory framework encourages institutional adoption and investment in crypto.

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