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Wire · operational-macro

CFTC Chair Michael Selig Says Agency Will Write Crypto Rules If CLARITY Act Fails

Published

21 August 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at newscord.org →

◆ Verified

Fusion42 · 21 August 2026 · Fusion42 review

CFTC Chair Michael Selig stated the agency will proceed to create crypto market-structure rules, including for exchanges and leveraged trading, using existing authority if the CLARITY Act fails to pass in Congress.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 21 Aug 2026 and 22 Aug 2026.

◆ ◆ The Wire takeaway

You face a speeding regulatory clock as CFTC steps in to write crypto rules without waiting for legislation. Prepare to engage with evolving authority-driven compliance frameworks or risk losing early market positioning.

◆ Coverage

2 sources · first reported 21 Aug 2026 · latest 22 Aug 2026

◆ Related on Wire

◆ Topics

FintechcryptoregulationCFTCclarity-actus-market