According to Fox Business, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), issued a warning to traditional big banks during an interview, making it clear that traditional financial institutions cannot resist the market transformation driven by blockchain technology. Selig revealed that the CFTC is currently working on new regulatory rules for Prediction Markets and perpetual contract trading, while actively promoting the enactment of the CLARITY Act. The goal is to provide a clear federal regulatory framework for the crypto market to foster domestic innovation and prevent liquidity from flowing to offshore markets. https://www.(wublock123.com)/news/news-62625