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Trump Administration To Reportedly Let CFTC Regulate Bitcoin, Ethereum Spot Market, Is The SEC Set To Lose Its Grip Over Crypto?

By Yahoo! Finance   |   1 year ago
Trump Administration To Reportedly Let CFTC Regulate Bitcoin, Ethereum Spot Market, Is The SEC Set To Lose Its Grip Over Crypto?

The Trump administration plans to expand the Commodity Futures Trading Commission's authority to regulate a significant portion of the cryptocurrency market, aiming to reduce SEC control for increased innovation. This move could give CFTC jurisdiction over a substantial portion of the global cryptocurrency market.

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