
Globalization
Uniting SEC and CFTC: The Best Strategy for Regulating Digital Assets.
The best approach to regulating digital assets is to merge the sections of the SEC and the CFTC. The objectives include creating federal regulations for non-security digital assets, clarity in the classification of digital assets, adapting traditional asset regulations for tokenized assets, and strengthening tools to prevent illicit finance. The current approach is flawed and could undermine existing regulatory frameworks. The need to merge both entities is highlighted, despite political challenges.