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⛓️ Crypto🟢 BullishImportance 7/10
‘America is now the crypto capital of the world,’ CFTC’s Selig says as digital asset rules take shape
🤖AI Summary
CFTC Chair Michael Selig declared America as the crypto capital of the world while announcing the agency is developing comprehensive digital asset regulations. The CFTC is currently drafting asset taxonomy guidelines, DeFi guidance, and leveraged trading rules to shape the regulatory framework for digital assets.
Key Takeaways
- →CFTC Chair Michael Selig declares America as the world's crypto capital.
- →The CFTC is actively drafting asset taxonomy guidelines for digital assets.
- →New DeFi guidance is being developed by the regulatory agency.
- →Leveraged trading rules for crypto are currently in development.
- →Digital asset regulatory framework is taking concrete shape in the US.
#cftc#regulation#crypto-capital#defi-guidance#asset-taxonomy#leveraged-trading#digital-assets#regulatory-framework#michael-selig#us-crypto
Read Original →via The Block
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