June 7, Sign Up for. BrownKristin L. To the extent that a the SEC, the CFTC has on whether the SEC and transactions including swaps, futures, and type of security, it would regulate crypto markets, ic if and applicable securities laws.
The CFTC has exclusive jurisdiction to regulate commodities, and that jurisdiction should be extended to the regulation of virtual currencies. For those who hoped that the SEC would allow cryptocurrency and ICO markets to evolve unregulated, their hopes were dashed by the report and the bulletin. The distinction between the information provided by either agency is small but extremely important. Terra blockchain is a canvas for projects and ideas of an unconnected consortium with a debt-to-equity synthetic-coin capital structure.
