📅 September 7 | United States
The US Senate shook the crypto ecosystem by unveiling a draft bill that seeks to end the eternal regulatory battle between the SEC and the CFTC. The proposal contemplates the creation of a joint committee between the two agencies, with the goal of ending the competitive clashes that have marked recent years and finally providing a clear roadmap for exchanges, token issuers, and stablecoins.
📖 For years, the US cryptocurrency market has experienced an environment of uncertainty and regulatory friction. While the SEC (Securities and Exchange Commission) has declared itself the arbiter of the tokens it considers "securities," the CFTC (Commodity Futures Trading Commission) has defended its jurisdiction over Bitcoin, derivatives, and certain digital assets it classifies as commodities. The result: public clashes, cross-suits, and a tense ecosystem.
The draft bill, unveiled this week by the Senate, proposes the creation of a Joint Committee on Digital Asset Regulation, a coordinating body in which both agencies must work together to avoid duplication and resolve jurisdictional disputes. The committee's mandate would be to unify criteria, define which assets fall under each legal framework, and jointly oversee crypto markets.
According to The Block, this move comes after the industry's growing clamor for regulatory clarity. Companies like Coinbase and Kraken have insisted that the lack of clear rules has led to endless lawsuits and a flight of talent and innovation to Europe and Asia, where regulations like MiCA in the European Union already offer greater certainty.
Topic Opinion:
The inter-agency war has not only worn down the industry, it has also undermined investor confidence and delayed innovation in the US. While the committee won't resolve everything immediately, it could become a turning point toward a more coherent and competitive regulatory framework compared to other regions.
💬 Is this the beginning of an era of greater clarity for crypto in the US?
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