JUST IN: 🇺🇸 CFTC says "America is no longer sitting back while crypto moves overseas, and other countries set the standard." "America leading the way." Over the past month, the CFTC has taken the following actions after Congress failed to pass the Clarity Act: • CFTC Chair Mike Selig orders staff to move forward with a formal crypto market structure framework. • CFTC allows developers to create passive derivatives software, including for crypto, without requiring broker registration. • CFTC launches files new rulemaking to establish regulatory oversight of crypto trading and transactions. • CFTC Chair Mike Selig says the agency is preparing for a future built around "onchain systems, mass tokenization, 24/7 trading, and agentic finance." • CFTC releases updated regulatory guidance addressing crypto, tokenized assets, and blockchain-based technologies. • CFTC proposes its first set of rules to regulate the US crypto industry. • CFTC advances new investor protection measures aimed at preventing fraud, manipulation, and abuse in crypto markets. • CFTC says it will establish clear crypto regulations regardless of whether Congress passes legislation.