The Trump Administration is contemplating a major change in U.S. cryptocurrency regulation. This involves giving the Commodity Futures Trading Commission (CFTC) the authority to oversee digital assets that are categorized as commodities.
This proposed regulatory shift aims to clarify and potentially stabilize the cryptocurrency market in the United States.
If implemented, this move could reshape the industry’s regulatory framework, affecting how cryptocurrencies are treated under U.S. law.
Additionally, this development signals the administration’s interest in providing a clearer legal environment for investors and companies involved with digital currencies.