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Navigating Regulatory Terrain: CFTC and SEC Dynamics
This chapter examines the regulatory roles of the U.S. Commodity Futures and Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the context of cryptocurrencies and emerging markets. It highlights the complexities of classifying assets as commodities or securities, discussing the implications for regulation and oversight, particularly for digital assets like Bitcoin. The chapter also addresses the ongoing rivalry between these agencies and the importance of thoughtful collaboration to avoid overregulation in the evolving financial landscape.