In the United States, the SEC and the CFTC have distinct jurisdiction over cryptoassets. Securities offerings and trading fall under the SEC, while commodity derivatives and spot-market fraud fall under the CFTC. The nature of the activity is therefore the key criterion for allocating regulatory authority. A regulatory proposal should not be confused with an exemption or an enacted law.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
