‘Legal Ambiguity’ To End? Crypto Market Awaits Clarity On Asset Classification
Posted On November 4, 2024
As the U.S. moves toward a more crypto-friendly Congress, industry leaders are considering how regulation might shape the future of digital assets.
Paul Giordano, vice president of digital assets at MARA, shared his thoughts ahead of the upcoming Benzinga Future of Digital Assets event, where he will discuss the potential impact of regulatory changes on the crypto market.
Anticipated Legislative Changes
Giordano expects that U.S. lawmakers will establish clearer classifications for digital assets in the coming years. “We expect clearer classifications of digital assets as well as legislation that defines which assets are commodities (regulated by the CFTC) and which are securities (regulated by the SEC),” he explained. …