CFTC Takes Center Stage in Crypto Regulation: Pilots & New Bill Explained

The Commodity Futures Trading Commission (CFTC) is deepening its involvement in crypto regulation through pilot programs focused on tokenization. This hands-off approach allows the agency to observe real-world use of blockchain without directly enforcing new regulations. Meanwhile, a Republican-backed bill proposes a dual-agency model for oversight, with the CFTC handling decentralized assets and the SEC addressing centralized ones.