CFTC Chairman Mike Selig stated that the cryptocurrency industry is returning to the United States as the agency moves to end the era of businesses relocating overseas. Selig emphasized on X that the U.S. will no longer allow other nations to set global standards while domestic firms depart.
The CFTC chair asserted that establishing clear regulatory rules is essential to retaining crypto businesses and enabling the U.S. to lead the sector's development. This statement signals a proactive shift toward creating a domestic framework designed to secure American leadership in digital asset innovation.
CFTC Chair Selig: Crypto Industry Returning to U.S. Amid Regulatory Push
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
