CFTC's recent actions are actually much more significant than they appear on the surface.
This is the agency in the United States that specifically oversees futures, derivatives, and has been responsible for regulating crypto trading with commodity attributes like $BTC and $ETH . In the past, they mainly monitored the market and risks, but this time they are reversing course and inviting frontline players to help set the rules.
The logic is straightforward: New things are already underway, and using old frameworks to suppress them will only drive people away. It's better to first clarify trading, business models, and risk sharing, then discuss how to regulate.
The list includes both crypto entities and traditional exchanges, indicating that CFTC's goal is not to target a specific industry, but the future trading landscape itself.
At least from this move, the US is beginning to realize one thing: Without clear rules, innovation will flow out; and if the gates are closed tightly, eventually even the market can't be regulated.
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CFTC's recent actions are actually much more significant than they appear on the surface.
This is the agency in the United States that specifically oversees futures, derivatives, and has been responsible for regulating crypto trading with commodity attributes like $BTC and $ETH .
In the past, they mainly monitored the market and risks, but this time they are reversing course and inviting frontline players to help set the rules.
The logic is straightforward:
New things are already underway, and using old frameworks to suppress them will only drive people away.
It's better to first clarify trading, business models, and risk sharing, then discuss how to regulate.
The list includes both crypto entities and traditional exchanges,
indicating that CFTC's goal is not to target a specific industry,
but the future trading landscape itself.
At least from this move,
the US is beginning to realize one thing:
Without clear rules, innovation will flow out;
and if the gates are closed tightly, eventually even the market can't be regulated.
#CFTC # Crypto Regulation #US Policy