New Crypto
Friday, 7/17, 04:33 AM
SEC or CFTC: Who Actually Regulates Crypto in the US?
- US oversight of crypto is split between two agencies, the SEC and the CFTC, and which one is in charge depends on whether a token counts as a 'security' or a 'commodity.' That distinction, drawn from decades-old law, has driven years of legal fights.
- New legislation is now trying to settle it.
- Here is the plain-English guide.