Altcoins News

Story: House Committee Pushes Trump to Staff CFTC Before CLARITY Act Stalls Crypto Oversight

By Julie Binoche

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What the CLARITY Act Actually Changes. The law is designed to cut through the regulatory fog that's surrounded cryptocurrencies and other…

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What a Short-Staffed CFTC Actually Risks. It's not just about optics. A commission without its full complement of members is limited in what…

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Committee Pressure Mounts. The House committee isn't backing off. Their argument is straightforward: the CLARITY Act raised…

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Leaders of a key House committee want Donald Trump to move fast. They're pressing the White House to nominate new members to the Commodity Futures Trading Commission — and they…

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The CFTC is a five-member commission. It's supposed to have five commissioners. Right now, it doesn't.

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The CLARITY Act basically rewrote the rulebook for crypto oversight in the U.S.

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Chair Selig hasn't made any public statement on the staffing situation. No comment, no timeline, nothing.

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The nomination process isn't fast. It never is. Any new commissioner the White House picks still has to clear Senate confirmation, which adds another layer of waiting on top of…

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Related: Trump Family Trust Pours Up to $750M Into Crypto Stocks While White House Rewrites the Rules

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Crypto trading volumes, institutional involvement in digital asset futures, and the sheer number of products now tied to blockchain-based assets have all grown sharply.

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There's also the investor protection angle. When a regulatory body can't move at full speed, gaps open up.

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And so far, the Trump administration's response to all of this is basically silence. No nominees named publicly. No timeline offered.

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More context: Senate Banking Clears Crypto Bill as SEC and CFTC Gear Up for Split Oversight

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The House committee isn't backing off. Their argument is straightforward: the CLARITY Act raised the bar for what the CFTC needs to do, and the commission can't clear that bar…

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Whether the administration treats that as urgent is a different question. There's no sign yet that nominations are imminent.

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