Commodity Futures Trading Commission Chairman Michael Selig said the Clarity Act remains within reach, days after Congress missed its July 4 target to pass the crypto market-structure bill. “We’re so close. We have to get this done,” Selig told Fox Business host Maria Bartiromo. 

Some analysts give the measure even odds of passage before the August 7 recess.

The bill would divide oversight of digital assets between the CFTC and the Securities and Exchange Commission, a split the industry has sought for years. The House passed the legislation last summer. The Senate has yet to hold a floor vote.

Selig, a Trump appointee confirmed in December, backed the Clarity Act…

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