Wed, 01 Apregulation

CFTC chair says agency is ready to oversee entire crypto market

Burns Brief

Michael Selig summarized his first 100 days overseeing the commodities regulator since being confirmed by the US Senate in December Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

Michael Selig summarized his first 100 days overseeing the commodities regulator since being confirmed by the US Senate in December.

Key Takeaways