Trump’s Crypto Advisors Push SEC And CFTC To Unite And Streamline Digital Asset Regulation
The Securities and Exchange Commission and the Commodity Futures Trading Commission announced a joint initiative on Tuesday to streamline the trading process of cryptocurrency assets.
SEC, CFTC Team Up To Establish Clear Crypto Guidelines
The SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk will work together to issue guidelines on the listing of leveraged, margined or financed spot retail commodity transactions on digital assets, according to a joint statement.
The agencies said they are acting on the recommendations shared by the President’s Working Group on Digital Asset Markets, which called for cooperation between the CFTC and SEC to advance blockchain-based innovation and regulatory clarity in the U.S.
“This joint statement …
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