CFTC CHAIRMAN TOLD FOX THAT #BITCOIN# AND CRYPTO MARKET STRUCTURE WILL PASS AND BE ADOPTED GLOBALLY CLARITY WILL BE SIGNED INTO LAW IN AMERICA CRYPTO WILL EXPAND TO BILLIONS BTC IS GOING MAINSTREAM 🚀

CFTC Issues No-Action Relief for Event Contracts CFTC issued no-action relief for fully collateralized event contracts, exempting DCMs, DCOs and market participants from certain swap recordkeeping and reporting requirements. The agency also introduced a streamlined process for future applicants related to event contracts.

LATEST: 🇺🇸 Former CFTC Chair Timothy Massad says the US is quietly exploring CBDC infrastructure through the BIS's Project Agora despite a public pledge to ban a digital dollar.

JUST IN: 🇺🇸 CFTC Chair Mike Selig says today's crypto Clarity Act vote brings US closer to becoming "the crypto capital of the world." "America will remain the global hub for crypto innovation for years to come."

⚡️Policy Brief⚡️ CFTC Chairman Michael S. Selig announced the initial roster of the Innovation Task Force (ITF), a unit dedicated to developing regulatory clarity for emerging asset classes and technologies. The task force was established to address cryptocurrency assets, artificial intelligence, and prediction markets. Five staff members were named to the ITF, marking the beginning of a structured regulatory approach to these rapidly evolving sectors. The composition of the task force signals the CFTC's commitment to addressing innovation while establishing coherent regulatory frameworks. The creation of a dedicated innovation task force indicates growing recognition that traditional regulatory approaches may require adaptation to accommodate new financial technologies and markets. This development reflects broader governmental efforts to establish regulatory certainty for crypto, AI, and emerging market structures. @CFTC Source: CFTC Press Release