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Event Brief

CFTC chair says crypto will get market rules without Clarity Act

Filed: Aug 20, 2026 at 12:00 PM ET
Summary: CFTC Chairman Michael Selig said the crypto industry will receive market structure rules even if Congress does not pass the Clarity Act. He said he is optimistic the bill will pass, but regulators are prepared to act if it does not.
WHO: Michael Selig
WHAT: Selig said the CFTC will have market structure rules for crypto even without passage of the Clarity Act.
WHEN: Aug 20, 2026 at 9:52 AM ET
WHERE: USA
WHY: Selig was responding to whether Congress would pass the Clarity Act and said regulators are ready to act if it does not.
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