🚨 BREAKING: CFTC MOVES FORWARD WITH NEW CRYPTO RULES 🇺🇸
The details of this new rule proposal haven’t been disclosed yet, but its inclusion would help clarify the ways that crypto markets and platforms work. The proposed rules will now go through OMB review prior to proceeding with a CFTC vote and public comment process.
While the CFTC has taken steps toward greater oversight, the Securities and Exchange Commission (SEC), meanwhile, has introduced what it calls an “innovation exemption” that allows some kinds of tokenized stock trading platforms to proceed without having to meet traditional securities requirements. The CFTC says it will continue working alongside the SEC to regulate crypto markets as needed while operating within current authority.
Given that the Senate has failed to move forward with the CLARITY Act, these various efforts by the two agencies offer potential avenues for additional regulatory clarity.
The big question: What does this all mean for crypto exchanges and digital assets? Stay tuned!
The US crypto regulatory environment continues to evolve.🔥
#Crypto #Bitcoin #BTC #Ethereum #CLARITYAct
The details of this new rule proposal haven’t been disclosed yet, but its inclusion would help clarify the ways that crypto markets and platforms work. The proposed rules will now go through OMB review prior to proceeding with a CFTC vote and public comment process.
While the CFTC has taken steps toward greater oversight, the Securities and Exchange Commission (SEC), meanwhile, has introduced what it calls an “innovation exemption” that allows some kinds of tokenized stock trading platforms to proceed without having to meet traditional securities requirements. The CFTC says it will continue working alongside the SEC to regulate crypto markets as needed while operating within current authority.
Given that the Senate has failed to move forward with the CLARITY Act, these various efforts by the two agencies offer potential avenues for additional regulatory clarity.
The big question: What does this all mean for crypto exchanges and digital assets? Stay tuned!
The US crypto regulatory environment continues to evolve.🔥
#Crypto #Bitcoin #BTC #Ethereum #CLARITYAct
