Mike Selig, chair of the U.S. Commodity Futures Trading Commission, said on X that the United States will no longer stand by while crypto business moves overseas and other countries set the standards. He said the crypto industry is returning to the U.S., and that clear regulatory rules will help keep the sector in the country. Selig also said the industry should be led by the United States. The remarks point to a policy stance centered on retaining crypto activity domestically through clearer rules, according to his post on the platform.
Mike Selig, chair of the U.S. Commodity Futures Trading Commission (CFTC), said on X that the United States will no longer stand by while crypto business moves overseas and other countries set the standards.
Selig said the crypto industry is returning to the U.S. and that clear regulatory rules will help keep the sector in the country, with the United States leading its development.
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