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no one’s talking about this potential crypto market shake-up led by Mike Selig?! a split oversight between CFTC and SEC could send shockwaves
wait who dis Mike Selig guy and why he messin with crypto 🧐 what’s the deal with this SEC-CFTC split tho?!
wait is this a good or bad thing for crypto?? will this SEC-CFTC split make things better or worse 🧐
This potential regulatory shift suggests a nuanced approach towards crypto market oversight: a bifurcation of responsibilities between the CFTC and SEC, reflecting a broader
An initiative led by Mike Selig in Washington may split crypto oversight between the CFTC on cash markets and a more definitive SEC. Selig, President Trump’s CFTC nominee, will face the Senate Agriculture Committee for confirmation. The bill would grant the CFTC primary authority over digital asset spot markets, aligning with ongoing SEC rulemaking under Chairman Paul Atkins. Senators Boozman and Booker are advancing the bill, signifying a clear division of oversight roles for U.S. regulators.
https://altcoin.observer/?p=51378
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