TechFlow News, March 4: Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), posted on X urging swift passage of the CLARITY Act. He stated that former President Trump’s position in support of advancing the CLARITY Act is correct and emphasized that establishing a forward-looking market structure for digital assets is critical. The CFTC stands ready to implement the Act during a potential Trump administration and views this legislation as a key component in ensuring U.S. leadership in global innovation—“now is the time to act.”
Selig also revealed that the CFTC will establish clearer standards for self-certified prediction markets and plans to release a high-level Advanced Notice of Proposed Rulemaking (ANPRM) in the near term to lay the groundwork for more comprehensive prediction market regulations.
