On the 26th, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced via a post on X that they are advancing the establishment of a federal system allowing cryptocurrency exchanges to voluntarily register. Chairman Selig expressed the view that the cryptocurrency market deserves the same proven protections that have been applied for years in the U.S. derivatives market, and aims to extend protections close to the highest standards of U.S. market oversight to exchanges as well.
In the same post, Chairman Selig noted that Congress has yet to take action...
