Editors Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina), Author: KOLLEN POST, reprinted by Odaily with authorization.
Cointelegraph Chinese (ID: CointelegraphChina)
Cointelegraph Chinese (ID: CointelegraphChina)
, Author: KOLLEN POST, reprinted by Odaily with authorization.
In a July 7 interview with former CFTC Chairman Jim Newsome, current Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert laid out a series of unresolved issues between cryptocurrencies and the long-awaited field of regulatory transparency. question.
secondary title
Securities regulation and the authority of the CFTC
Tarbert explained that determining whether a digital asset is a security is “the sole responsibility of the SEC. If they determine that it’s not a security, then we can start taking action within our own purview.”
He continued:
Once you start to have a clear idea of whether something is a security, youre going to start seeing more futures listings on digital assets.
Currently, both Bitcoin and Ethereum are classified as commodities in the US, which is why both futures contracts are legal in the US – in the case of Ethereum, since May. Tarbert said there is, and has been, interest in expanding that list, but it remains an open question.
secondary title
The U.S.’s Position in Global Cryptocurrency Regulation
