CFTC Chair Michael Selig Says CFTC and SEC Issued New Crypto Interpretation
According to CFTC (U.S. derivatives regulator) Chair Michael Selig, he and SEC (U.S. securities regulator) Chair Paul Atkins rolled out a new interpretation aimed at improving crypto clarity.
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Terms & Concepts
CFTC: The Commodity Futures Trading Commission, the U.S. regulator overseeing derivatives markets such as futures and some crypto-related products.
SEC: The Securities and Exchange Commission, the U.S. regulator overseeing securities markets and investor protections.
Crypto interpretation: A regulatory reading or guidance that clarifies how existing rules may apply to digital assets and related activities.