Summer Mersinger, a member of the US Commodities and Futures Commission (CFTC), emphasized that they should cooperate with other institutions in order to implement a total crypto regulation in the country.
Speaking to the press today, Mersinger said, CFTC and the SEC together, they need the U.S. Congress to regulate the crypto industry. CFTC and of the SEC It is known by everyone that he has different views on digital assets.
There is no law that prevents the two institutions from working together. Summer Mersinger, on the other hand, stated that she does not believe that they will reach an agreement unless a joint executive obligation arises from the parliament.
“I don’t think the SEC and the CFTC are likely to work together on their own. This can happen if the legislature forces the two institutions to sit at the same table.”
Differences of Opinion Between CFTC and SEC
The two institutions that regulate the US financial sector have been unable to reach a consensus on crypto for years. Rostin Behnam, chairman of the CFTC, Ethereum One “meta” It allowed the certification of ETH derivatives instruments.
SEC chairman Gary Gensler “proof of share” interpreted Ethereum as a security due to its working with the system. Gensler bases his theory on income generation through staking activities.
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