1 day ago
CFTC Chair: U.S. Government Cannot Seize Your Crypto Assets
RegulationBitcoin regulationCFTCCLARITY ActCrypto Assetscrypto regulationDigital CommoditiesGENIUS ActMichael Selig
TLDR: CFTC Chair Michael Selig says the government cannot and should not seize people’s crypto assets. The Genius Act is now law, while the Clarity Act pushes forward to protect crypto market structure. Bitcoin, Ether, Solana, and Zcash are classified as digital commodities under CFTC guidelines. Selig confirms the chance of crypto being made illegal [...]
The post CFTC Chair: U.S. Government Cannot Seize Your Crypto Assets appeared first on Blockonomi.
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