The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, confirmed that the Senate will review a bipartisan bill this week aimed at clarifying the jurisdictional boundaries between the SEC and the Commodity Futures Trading Commission (CFTC) to address regulatory uncertainties in the cryptocurrency space. He stated that this clear delineation of jurisdiction is crucial for achieving the current administration's goal of making the United States the "world cryptocurrency capital," a goal built on the foundation of the previously passed GENIUS Act.
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The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, confirmed that the Senate will review a bipartisan bill this week aimed at clarifying the jurisdictional boundaries between the SEC and the Commodity Futures Trading Commission (CFTC) to address regulatory uncertainties in the cryptocurrency space. He stated that this clear delineation of jurisdiction is crucial for achieving the current administration's goal of making the United States the "world cryptocurrency capital," a goal built on the foundation of the previously passed GENIUS Act.