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CFTC Chair Says Crypto Market Bill Near Passage to Trump

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CFTC Chair Michael Selig said on Monday that Congress is close to passing crypto legislation to regulate U.S. digital asset markets, which could soon go to President Trump for approval. Selig noted lawmakers are moving forward with a digital asset regulation bill to clarify oversight of crypto trading and related products. The bill would define how digital assets are regulated and outline the CFTC’s role alongside the SEC.
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