The chairman of the CFTC supports the CLARITY Act, which must be passed into law

Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated on the X platform that innovators and market participants in the cryptocurrency industry need clear regulatory expectations, and the CLARITY Act will establish a comprehensive regulatory framework for digital assets. The future development of the U.S. cryptocurrency market requires a certain regulatory environment, and the CLARITY Act can provide "forward-looking" regulatory rules for digital assets. If the U.S. wishes to maintain its position as a global cryptocurrency hub, this bill is "legislation that must be passed."

The CLARITY Act aims to further clarify the division of regulatory responsibilities in the digital asset market and establish a systematic framework for cryptocurrency asset trading, market structure, and regulatory authority. Supporters believe that the bill helps reduce regulatory uncertainty and promotes the development of businesses and capital in the U.S. market. Mike Selig has previously emphasized the need for clear and enforceable regulatory rules to support digital asset innovation while ensuring market safety and investor protection. This statement further reflects the trend of U.S. regulatory agencies pushing for clearer rules in the cryptocurrency industry.