TechFlow reported on January 20 that, according to The Block, Michael Celigi, the newly appointed Chair of the U.S. Commodity Futures Trading Commission (CFTC), announced the launch of the "Future Proof" initiative on January 20, aimed at modernizing the CFTC's approach to regulating digital assets. In a column published in The Washington Post, Celigi emphasized that the current regulatory framework is no longer suitable for the emerging digital asset market and called for a "minimum effective dose" regulatory strategy.
Celigi stated that if Congress passes legislation expanding the CFTC's regulatory authority, the agency is ready to take over oversight of the digital asset market.
Add to Favorites
Share to Social Media
