🚨BREAKING: 🇺🇸 SEC and CFTC signed MOU To Collaborate On Crypto Regulation, Ending Jurisdictional Disputes And Providing Clarity For Digital Assets.
SEC & CFTC FINALLY SHAKE HANDS ON CRYPTO RULES🤝🚀
The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) announced a Memorandum of Understanding (MOU) to enhance coordination on regulatory matters, including crypto assets and digital products.
The non-binding agreement promotes collaboration through regular meetings, information and data sharing, joint surveillance/examinations, staff cross-training, and coordinated enforcement. It aims to reduce overlaps, provide clarity, support innovation, and develop a fit-for-purpose framework for emerging technologies like crypto while upholding market integrity and protection. No congressional market structure bill approval is confirmed in recent reports.
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