SEC or CFTC? Picking the Right Boss!
Ever felt like crypto is stuck in an awkward custody battle between the SEC and the CFTC? 🧐
For too long, the lack of a clear boundary has left the industry navigating a complex maze of "regulation by enforcement." 🏛️
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But a major shift is finally on the horizon! President Trump is calling on Congress to pass the Digital Asset Market Clarity Act. 📜$DOT
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This legislation aims to draw a clear line in the sand, granting the CFTC jurisdiction over digital commodities while defining the SEC’s specific reach. ⚖️
By ending this jurisdictional tug-of-war, the act provides the stable, predictable framework that professional investors and developers have been waiting for. 🚀
It is a massive step toward transparency and institutional growth! 🌐✨