TechFlow reports that on July 19, U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig stated in a post that one year after the GENIUS Act became law, the United States has become the "global cryptocurrency capital," and thanked the U.S. President and Senator Bill Hagerty for their leadership in making this goal a reality.
Mike Selig added that the CFTC will push for the implementation of the CLARITY Act to provide a clearer and more defined regulatory environment for the crypto market for the American public, further improve digital asset market rules, and help the United States maintain its leading position in the global crypto industry competition.
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