The market panicked. Did you

When Trump assumed his duty, we started seeing the same title every 3-5 business days:

“A case against released. “

This is because before this, under the bidet, the strategy for the handling of cryptocurrencies was the regulation by implementing – especially from sec. In other words, instead of bringing new rules, they sued the companies and came up with the rest in court.

Now, however, with a crypto-faster administration, many of these cases They are thrown out the window.

“Sooo … We enter Crypto’s Wild West Era, where do the renegades go and make it progress? 😈 ” – – You, maybe.

Keep your horses, partner 🤠

CFTC Acting Chair Caroline Pham says that Just because the government supports innovation does not mean that the fraud is at once okay.

So although they do not try to criminalize the crypto As a concept, It will not tolerate “lying, cheating and stealing.” It doesn’t matter who the president is.

What might sound interesting is that these remarks came from CFTC -not from SEC,, Although the sec was usually the one that operates most of the crypto cases.

So what does CFTC do here?

The thing is, The crypto regulation has been a mess for some time. I SEC and CFTC have requested an authority over the cryptocurrency in the past – Although they supervise very different things:

• Sec deals securities: the things you invest in expecting someone else to make it profitable. They have strict rules on the discovery, registration and protection of investors;

• CFTC covers goods and derivatives: something you buy/sell beige expecting someone to increase their value. The rules there are a little loose there, unless the fraud or manipulation on the market is included.

And where does the crypto fit? Well … it’s a messy part. The law still has not decided.

This is what legislators try to fix with accounts like Law of Claritywhich aims to finally pull a clean line between what is under the rule of the sec -ai of what belongs to CFTC.

(Already made by the Committee on Home and the Committee on Financial Services. The following: Complete Voting in the House.)

This account would introduce a new category: Digital goods.

Here’s how it would work:

👉 If the token is decentralized – which means that no group controls it or is responsible for growth – would be treated as digital goods and regulated by CFTC.

👉 If the token is is tied to a centralized project or organizationEspecially the one who promotes him and raising money with promises of profit, that would probably be security. So, Sec territory.

And no, calling for something “decentralized” does not automatically take it off the hook. The regulators are Watching the project actually functionNot just what he claims.

Just as Pham said – friendly to innovation does not mean that a blind view of fraud. If the project is lying or fraud, it will still be responsible.

You are in knowledge now. But think about your friends – they probably have no idea. I wonder who could fix it … 😃🫵 Expand the word and be a hero you know you are!