The CFTC has made its position clear: whether or not Congress passes legislation, clear rules for crypto are still coming. In plain English, lawmakers can keep dragging their feet—the regulators are moving ahead on their own. For institutions, clarity is the price of admission, and the CFTC has traditionally been more crypto-friendly than the SEC. This is more meaningful than hearing “bullish news” ten times over. But don’t pop the champagne just yet; let’s see how the details shake out.

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