BlockBeats News, March 3rd, United States Commodity Futures Trading Commission (CFTC) Chairman Mike Selig stated that efforts are being made to bring real professional futures to the U.S. in about a month, with an announcement expected soon. Selig pointed out that the previous regulatory attitude in the United States had caused a large amount of perpetual futures business to move overseas.
While attending the Washington Milken Institute event with U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins, Selig revealed that both parties are advancing the Project Crypto plan, including providing regulatory exemptions for crypto innovation and clarifying the regulatory approach to Decentralized Finance (DeFi) developers. In addition, the CFTC will also establish clear standards and guidelines for the prediction markets.
