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CFTC Chair Selig Says GENIUS Act Ended Crypto "Regulation by Enforcement," CLARITY Act Near Passage

U.S. CFTC Chairman Mike Selig said in a Bankless interview that the GENIUS Act has effectively ended "regulation by enforcement" in the crypto industry. He added the CLARITY Act is "on the cusp of getting signed into law," signaling further progress on dedicated crypto legislation. Selig emphasized he wants to ensure innovators do not need to seek permission each time they launch something new.
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