SEC and CFTC Team Up to Redefine Crypto Regulation

In a landmark move, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have committed to a more unified approach to regulating cryptocurrencies. This collaboration aims to reduce regulatory gaps and foster innovation in markets that blur the lines between securities and non-securities like DeFi, prediction markets, perpetual contracts, and portfolio margining.