US CFTC Chair: Ready to implement the CLARITY Act during Trump's term Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), has once again called for the swift passage of the CLARITY Act in a post. He stated that President Trump is correct—the CLARITY Act must be passed. He emphasized that establishing a forward-looking digital asset market structure is crucial, and the CFTC is eager to implement this act under this historic administration. Selig remarked that Trump is ushering in a golden era for the United States, and this legislation is a key part of ensuring America becomes a global leader in innovation. The time to act is now. Selig also revealed that the CFTC will set clearer standards for self-certified prediction market types and plans to release a high-level Advance Notice of Proposed Rulemaking (ANPRM) soon, laying the groundwork for more comprehensive prediction market regulations.