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The US Securities and Exchange Commission (SEC) has garnered all the attention these days <a href="https://hodl.fm/spot-bitcoin-etfs-mass-adoption" rel="noopener noreferrer nofollow">for approving the first Bitcoin exchange-traded funds (ETFs)</a>, and it seems other regulators are becoming envious. The Commodity Futures Trading Commission (CFTC) also wants to be in the spotlight and have a presence in the crypto ecosystem.Related: <a href="https://hodl.fm/spot-bitcoin-etf-january-2024" rel="noopener noreferrer nofollow">What Does Spot Bitcoin ETF Mean for Investors?</a>The regulator has formed a team called the <a href="https://www.cftc.gov/PressRoom/PressReleases/8740-23" rel="noopener noreferrer nofollow">Digital Asset Markets Subcommittee</a>. Its goal is to advise the CFTC on crypto regulations. Its parent division – CFTC’s Global Markets Advisory Committee – voted on March 6 to advance the subcommittee’s crypto taxonomy that it considers to offer regulatory clarity never seen before. The new team hopes that its framework will be used for future crypto regulations.<img src="https://hodl.fm/wp-files/2024/03/yay-team-go-team-al-bundy-clapping-hat-tfmo2k5v2trmhn46.gif" />Apparently, the new taxonomy explains everything about crypto, bringing clear standards for a digital asset regulatory framework. It covers all cryptos, including stablecoins.<h2 id="header-0">READ MORE ON <a href="https://hodl.fm/cftc-enters-crypto-regulation-fray" rel="noopener noreferrer nofollow">HODL</a></h2>

CFTC Closer to Bringing Regulatory Clarity to Crypto Industry

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