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Crypto

U.S. SEC, CFTC overhaul crypto rules; former officials warn of duplicative regulation

The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission are moving to refine rules on crypto derivatives and custody, while former senior officials have raised concerns. The agencies are working on definitions and jurisdictional boundaries for new products such as swaps and perpetual futures as a broader “Clarity” bill remains pending in Congress. The SEC has also begun revising custody rules and opened public comment on its “Reg Crypto” proposal.

Crypto

U.S. CFTC to draft its own rules if Clarity Act stalls, addressing crypto regulatory gap

The U.S. Commodity Futures Trading Commission said it will move to develop cryptocurrency market structure rules under its own authority if congressional legislation is delayed. Chair Michael S. Selig told staff to review rules within the agency’s current powers while maintaining that passage of the bipartisan Clarity Act remains the top priority. He said the CFTC could establish a regulatory framework covering exchanges, leverage and margin trading, and on-chain finance protocols.

Crypto

Charles Hoskinson says crypto survived Biden and will survive under Trump

Charles Hoskinson, known as the founder of Cardano, said the cryptocurrency industry can endure under any administration and would survive under President Donald Trump. He said Washington politics cannot determine the long-term direction of bitcoin and crypto, though government can influence regulation and market conditions. He has criticized some Trump digital-asset moves, including the launch of the TRUMP memecoin and plans to expand a U.S. crypto reserve.