Crypto

CFTC proposes its own crypto framework after SEC

The US Commodity Futures Trading Commission (CFTC) proposed two rules of its own to regulate crypto after the CLARITY market structure bill stalled in the Senate.

Nonprofit Better Markets said the CFTC is the 'wrong agency' to oversee retail crypto trading and that its approach would leave investors less protected than under the Securities and Exchange Commission (SEC).

For beginners Different US regulators oversee different financial products: the SEC handles securities while the CFTC handles commodity futures and derivatives; disputes over which agency should cover crypto determine what protections investors get.