🤝 TERRITORIAL WAR ENDED CFTC AND SEC SEEK HARMONY IN CRYPTO REGULATION 🚀🇺🇸

The interim chair of the Commodity Futures Trading Commission (CFTC), Caroline Pham, has stated that the "territorial war is over" between her agency and the Securities and Exchange Commission (SEC) regarding the oversight of cryptocurrencies. This announcement was made at a joint roundtable, marking a new day of collaboration. 💡

🛑 The End of Unnecessary Friction

For years, both agencies have maintained opposing positions: the CFTC argued that most digital assets are commodities, while the SEC insisted they were securities. This ambiguity has caused tremendous friction and headaches for market participants.

Pham emphasized that the lack of clarity in the "regulatory signals" had led to confrontations, but that the new phase will focus on cooperation.

"Let’s be clear: our goal is harmonization, not a merger of the SEC and the CFTC. The aim is to seize the monumental opportunity we have ahead."

This push for clarity is vital, especially as Congress works on the Clarity Act, legislation that could grant the CFTC greater authority over digital assets.

👥 An Industry-Wide Effort

The ongoing roundtable features participation from leaders in both traditional and crypto industries, including executives from Kraken, Polymarket, Bank of America, and J.P. Morgan. This underscores the seriousness with which both agencies are seeking a viable and coordinated regulatory path.

Coordination between the CFTC and the SEC is the biggest step towards a clear regulatory framework in the U.S., something essential for the massive institutional adoption of cryptocurrencies.

#RegulaciónCripto #CFTC $BTC $XRP $BNB #SEC. #LeyCLARITY #MercadoCripto 🏦🔗