CFTC Chairman Confirms Crypto Market Structure Bill Near Final Approval CFTC Chairman Michael Selig stated live on Fox Business that the long-awaited crypto market structure legislation, the CLARITY Act, is in its final stages and will be signed into law. He emphasized: “Clarity will be signed into law,” positioning the United States to become the “gold standard” for digital asset regulation. According to reports from Reuters and CNBC, the U.S. Senate Banking Committee has already advanced the bill with a 15–9 bipartisan vote on May 14, 2026, marking a significant step forward in regulatory clarity for the industry. The CLARITY Act is expected to classify most cryptocurrencies as commodities under the jurisdiction of the CFTC, rather than securities, providing long-awaited regulatory definition after years of uncertainty and fragmented oversight. If fully enacted, this legislation could represent a major structural shift for the crypto market, potentially paving the way for increased institutional participation, improved market confidence, and a more stable foundation for long-term growth in Bitcoin and altcoins. This is widely viewed as a pivotal milestone in the evolution of the U.S. digital asset ecosystem, signaling a transition from regulatory ambiguity toward a more structured and investment-friendly framework. 🚀 $BTC $ETH $SOL $SUI $XRP $DOGE