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Navigating Regulatory Challenges in Digital Commodities
This chapter explores the intricate landscape of regulatory enforcement concerning commodity markets in the wake of the Dodd-Frank Act, focusing specifically on digital assets like cryptocurrencies and NFTs. It highlights the jurisdictional tensions between the CFTC and SEC, emphasizing the need for clearer regulations and collaboration among agencies to address the evolving nature of market assets. The discussion underscores the challenges faced by regulators in defining and classifying digital commodities, particularly in relation to innovation within decentralized finance.