🚨🔥 BREAKING: "Clarity Act Dead, CFTC Steps In: Selig Bypasses Senate to Keep U.S. 'Crypto Capital'" $SYN
After the Senate's Clarity Act failed 50-49 on Sept. 15, 2026, CFTC Chair Michael Selig launched a Plan B—using existing agency authority to regulate crypto directly. The plan includes a new "crypto asset market" designation for exchanges, engagement with DeFi developers, and leveraging the Commodity Exchange Act for spot and margin trading. While faster than legislation, these rules are less durable and can be reversed by future administrations—so the industry still wants Congress to act.
After the Senate's Clarity Act failed 50-49 on Sept. 15, 2026, CFTC Chair Michael Selig launched a Plan B—using existing agency authority to regulate crypto directly. The plan includes a new "crypto asset market" designation for exchanges, engagement with DeFi developers, and leveraging the Commodity Exchange Act for spot and margin trading. While faster than legislation, these rules are less durable and can be reversed by future administrations—so the industry still wants Congress to act.
