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SEC Chairman: Fully Supports Congress Clarifying Jurisdiction Division Between SEC and CFTC

Summary: In a recent statement, SEC Chairman Paul Atkins expressed the significant importance of this week for cryptocurrencies, fully supporting Congress in clarifying the jurisdiction division between the SEC and the Commodity Futures Trading Commission (CFTC). The most crucial task for investors at present is to bring the cryptocurrency market out of regulatory grey areas. He ...

In a recent statement, SEC Chairman Paul Atkins expressed the significant importance of this week for cryptocurrencies, fully supporting Congress in clarifying the jurisdiction division between the SEC and the Commodity Futures Trading Commission (CFTC). The most crucial task for investors at present is to bring the cryptocurrency market out of regulatory grey areas. He anticipates President Trump signing a bipartisan market structure bill in the coming months, based on provisions recognized by both parties, to promote market innovation while protecting investor rights.

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