US SEC and CFTC Collaborate on Crypto Regulation
- The US SEC and CFTC are working together to enhance crypto regulations.
- Brian Quintenz, a16z crypto policy chief, was appointed as the CFTC chair.
- A proposal is under consideration to reinstate the CFTC-SEC joint advisory committee charter from 2010.
- The committee has been inactive since 2014 but could be revived for addressing crypto challenges.
- CFTC plans a CEO forum with stakeholders like Ripple, Coinbase, and Circle as part of its crypto initiative.
The collaboration between the US SEC and CFTC aims to address regulatory challenges in the digital assets space by potentially reinstating a joint advisory committee that has been inactive since 2014. Brian Quintenz’s appointment as CFTC chair is seen as pivotal in this effort.
Source (2.6)https://coingape.com/crypto-regulations-us-sec-and-cftc-to-joins-hands-in-trump-administration/?rand=24432
