CFTC chair vows to ‘move swiftly’ on crypto rules if Congress fails to pass legislation

The head of the Commodity Futures Trading Commission (CFTC) vowed Thursday to “move swiftly” on establishing rules for the cryptocurrency market if Congress fails to pass legislation this year. CFTC Chair Michael Selig said at a meeting with crypto and prediction market executives that the agency stands “ready to begin

Bitcoin and ether surged after U.S. President Donald Trump urged Congress to pass a bill that would set a regulatory framework for the cryptocurrency sector.

U.S. President Donald Trump on Wednesday called on Congress to pass a bill that would provide clearer definitions for the growing cryptocurrency sector, a top priority for industry executives who had gathered for an event at the White House with the president.

Trump calls for Congress to pass crypto bill at White House event  Reuters

President Donald Trump pressed Congress to pass digital asset market structure legislation that is a top priority for the industry, as he hosted cryptocurrency executives at the White House on Wednesday.

MANILA, Philippines — Interior and Local Government Secretary Jonvic Remulla pressed on Congress to pass a law banning first-person shooter games following the fatal shooting incident at the Ateneo de Zamboanga University (ADZU) Junior High School. “Hindi ko sinasabi yun lang solution. Pero, hindi naman one-size-fits-a