# Crypto Industry Will Get Rules "One Way or Another," Selig Says > A senior US financial regulator says the digital asset industry should expect a clearer regulatory framework to take shape, whether that comes through new legislation from Congress or continued rulemaking from federal agencies. - Source: American Post News - Canonical URL: https://americanpostnews.net/article/selig-crypto-regulation-one-way-or-another - Author: American Post News Staff - Section: Economy - Published: 2026-08-23T03:45:00.000Z - Updated: 2026-08-23T03:45:00.000Z - Tags: crypto, regulation, cftc, sec, digital assets --- Selig, a senior US financial regulator, says the cryptocurrency industry should brace for a clearer set of rules, arguing that some form of regulatory framework for digital assets is coming whether or not Congress manages to pass comprehensive legislation. The comments reflect a broader shift in tone from federal regulators toward the crypto industry, which has spent years pushing for clarity on which agencies have jurisdiction over different types of digital assets and what rules apply to exchanges, stablecoins and other crypto products. Industry groups have long argued that a lack of clear rules left companies operating in a gray area, unsure whether their products would later be deemed to violate securities or commodities laws. Lawmakers have made several attempts in recent years to pass legislation that would settle questions over which agency, the Securities and Exchange Commission or the Commodity Futures Trading Commission, should have primary oversight of crypto markets, along with rules specifically covering stablecoins. Those efforts have moved forward in fits and starts, and regulators have increasingly signaled they are willing to act through existing rulemaking authority if Congress does not move quickly enough. Crypto companies have generally welcomed the prospect of clearer rules, even as some worry that regulation written without industry input could prove more restrictive than what a negotiated legislative framework might produce. Investors have also been watching regulatory developments closely, since the rules that emerge could shape which crypto products are allowed to operate in the United States and how they are taxed and reported. No timeline has been set for when a comprehensive framework might be finalized, and officials have said the process will likely continue to unfold gradually across both legislative and regulatory channels. --- Originally published by American Post News. Free to cite with attribution and a link to https://americanpostnews.net/article/selig-crypto-regulation-one-way-or-another.