U.S. SEC, CFTC chiefs push united front on paving the way for crypto
The leaders of the two federal agencies that have U.S. crypto’s fate most in their hands stood together at an event on Thursday, and they said they’d pursue common policies to define digital assets jurisdictions.
Even as crypto legislation moves in fits and starts through Congress, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have been trying to advance regulatory policy to give the industry some comfort in doing U.S. business. The CFTC has a new leader, Mike Selig, who was sworn in last month after his Senate confirmation and is already moving forward on crypto initiatives, using his remarks to outline a new agenda that will include rules on defining crypto and regulating prediction markets….
