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Bullish
A New Era in Crypto Regulation: SEC and CFTC Hand in Hand
The world of cryptocurrency is entering a new regulatory phase in the U.S. The SEC and CFTC are joining forces to regulate digital assets more clearly. With Brian Quintenz becoming the Chairman of the CFTC and Paul Atkins potentially leading the SEC, a crypto-friendly approach is on the horizon. The two agencies plan to revive the Joint Advisory Committee, dormant since 2014, aiming for a common roadmap in classifying and regulating cryptocurrencies. These new leaderships target a regulatory environment focused more on policymaking, fostering innovation in the sector. These steps are part of the promises to make the U.S. a hub for cryptocurrencies. The SEC's Crypto Task Force and the CFTC's shift in regulatory approach signal a safer and clearer future for the crypto market.
#sec
The world of cryptocurrency is entering a new regulatory phase in the U.S. The SEC and CFTC are joining forces to regulate digital assets more clearly. With Brian Quintenz becoming the Chairman of the CFTC and Paul Atkins potentially leading the SEC, a crypto-friendly approach is on the horizon. The two agencies plan to revive the Joint Advisory Committee, dormant since 2014, aiming for a common roadmap in classifying and regulating cryptocurrencies. These new leaderships target a regulatory environment focused more on policymaking, fostering innovation in the sector. These steps are part of the promises to make the U.S. a hub for cryptocurrencies. The SEC's Crypto Task Force and the CFTC's shift in regulatory approach signal a safer and clearer future for the crypto market.
#sec
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