The Trump administration is reportedly considering a shift in cryptocurrency regulation by transferring more control to the Commodity Futures Trading Commission (CFTC). This transfer would potentially reduce the Securities and Exchange Commission's (SEC) current oversight, especially in areas related to crypto exchanges and spot markets.
This change suggests that the CFTC could start regulating digital assets considered commodities, such as Bitcoin and Ethereum. This proposal might redefine regulatory responsibilities and impact how cryptocurrency markets operate in the United States.
Source: www.theblockcrypto.com ↗
