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CFTC Chairman Mike Selig on Thursday said federal regulators are moving ahead with new crypto trading rules despite Congress failing to pass the CLARITY Act.

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The US Securities and Exchange Commission is pursuing an overhaul of market infrastructure to allow 24-hour trading in US stocks.

Add preferred source CFTC Chairman Michael Selig said the agency will advance crypto market-structure rules using existing statutory authority after the Senate blocked the CLARITY Act on a 49-50 cloture vote, 11 short of the 60 required. The failed procedural vote on Sept. 15 shifted regulatory momentum toward the CFTC and SEC, which have both…

SEC Chairman Paul Atkinssaid on Wednesday that the agency will move decisively to give the cryptocurrency industry regulatory certainty, regardless of the CLARITY Act’s fate.

SEC Chairman Paul Atkins thanked everyone involved in pushing the CLARITY Act forward, across the administration, Congress, investors and innovators, while confirming the SEC will move ahead regardless of the bill’s outcome. “I have been unequivocal: with or without legislation, we will act decisively within the SEC’s statutory authority to deliver certainty for American investors…

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that even without Congress passing new legislation, the agency will take action to provide regulatory clarity for the cryptocurrency sector, following the Senate’s failure to secure the necessary support for the CLARITY Act.

Currencies39206 Market Cap$ 2.67T-1.76% 24h Spot Volume$ 43.88B+0.87% DominanceBTC57.05%+0.40%ETH10.96%-1.30% ETH Gas0.07 Gwei MarketCLARITY ActBlockchainSECUnited StatesCFTCU.SCrypto RulesCrypto Michael Sep 16, 2026 3min read byLakshya Baskar forTheNewsCrypto

Add preferred source The U.S. Senate failed to advance the CLARITY Act, a bill that would have created the first federal regulatory framework for digital assets, falling short of the 60 votes needed on a procedural motion. Former CFTC Chairman Christopher Giancarlo said the setback would not stop the “march of innovation,” emphasizing that SEC…