SEC’s Atkins and CFTC say crypto oversight is top priority
The US Securities and Exchange Commission Chairman, Paul Atkins, revealed that the agency has prioritized crypto as their main focus in a Monday, September 29, roundtable event.
This event aimed to coordinate policy projects with the Commodity Futures Trading Commission (CFTC). Notably, the CFTC and the SEC are two of the primary financial regulatory bodies in the US.
Regarding the rules governing the digital asset markets in the US, both agencies have been assigned important roles in regulating this critical sector. To break this down, the SEC will oversee crypto securities, and the CFTC is expected to receive more authority from Congress to oversee most digital asset transactions.
