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Washington Is Knocking On Crypto’s Door
Big Take
The Battle of Wills in Cryptocurrency Regulation
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Right now it's kind of being left up to enforcement actions and it's sort of a battle of wills right now between the SEC and the CFTC. So you'll see those kinds of things continuing to pop up in lawsuits and then that'll have to get worked out by the courts. Congress can step into to find these things, they do kind of require the two agencies to come to the court. It does sort of keep anything that kind of qualifies under the Howie Test still under the SEC's remit.
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