"Advances in technology are transforming the financial services landscape as we know it,"
"on the cusp"
"Decades-old rules designed for pork bellies and wheat futures do not contemplate blockchain-native markets that trade 24/7,"
"The CFTC must meet innovators where they are."
The CFTC plans an aggressive modernization of U.S. financial regulation, shifting away from enforcement-driven oversight toward clear, tailored rules for digital assets, prediction markets, and emerging technologies. Congress is near passage of the Digital Asset Market Clarity Act, which would create a formal U.S. market structure for crypto and expand the CFTC's authority over digital asset markets. The CFTC intends to position itself as a primary regulator for large segments of the crypto economy and to keep innovation onshore. The agency launched a "Future-Proof" initiative to review and update decades-old rules originally written for agricultural futures to accommodate 24/7, blockchain-native markets.
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