US CFTC Chairman: Prepared to Implement the CLARITY Act During Trump's Term

BlockBeats News, March 4th, CFTC Chairman Mike Selig reiterated his call for the "CLARITY Act" to be passed quickly in a post on X platform. He stated that President Trump's position on promoting the "CLARITY Act" is correct and that establishing a future-oriented digital asset market structure is crucial. CFTC is prepared to implement the act during Trump's term, believing that this legislation is a key element in ensuring US leadership in global innovation. "Now is the time to take action."

Selig also revealed that CFTC will set clearer standards for self-certified prediction market types and plans to soon release a high-level Advance Notice of Proposed Rulemaking (ANPRM) to lay the groundwork for a more comprehensive prediction market rule.