Chris Giancarlo, former CFTC chairman, explains that the SEC and CFTC have clarified their respective jurisdictions and are cooperating closely. He says the debate over crypto regulation is more about institutional turf than the quality of oversight. He argues that DTCC’s work on tokenized collateral shows Wall Street is already moving toward network-based digital finance, regardless of decisions made in Washington. The interview also covers the crypto market structure bill, prediction markets, perpetual futures, stablecoins, digital currency, and the broad tokenization of assets by 2040.
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