The post CFTC Chief Pushes Swift Passage of CLARITY Act appeared on BitcoinEthereumNews.com.

The debate over US crypto regulation is heating up as CFTC Chair Mike Selig is calling for swift action. Selig is urging lawmakers to pass the CLARITY Act as soon as possible, describing it as a crucial step toward building a future-proof framework for digital assets. CFTC Chief Urges Immediate Approval of CLARITY Act In his latest X post, Michael Selig, the Chairman of the Commodities Futures Trading Commission (CFTC), has highlighted the significance of passing the CLARITY Act immediately. Backing the market structure bill, the Chair stated that the bill is essential to establishing a comprehensive regulatory framework for the crypto industry. Selig further added that the CFTC remains prepared to implement the market structure bill under the current administration. Echoing President Donald Trump’s position, he described the legislation as a critical step toward securing America’s global crypto leadership. The post read, “The CLARITY Act must pass. It’s critical we have a future-proof digital asset market structure in place. The CFTC is eager to implement the Act under this historic administration. President Trump is unleashing a Golden Age in America, and this legislation is a key part of securing the US as the global leader in innovation. The time to act is now.” His words come in response to President Trump’s call for CLARITY Act passage. As CoinGape reported earlier today, Trump is urging Congress to pass the crypto bill immediately. He stated that the banking groups should compromise with the crypto industry, pushing the bill forward to its final passage. Amid ongoing debates, the future of the crypto bill remains unclear. However, JPMorgan analysts project that the CLARITY will pass by mid-2026, as reported by CoinGape. Why Lawmakers Are Divided Over the Bill? Despite strong support from Trump and the CFTC chair, the CLARITY Act continues to face…

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Filed under: News - @ March 4, 2026 5:25 am