A one-commissioner CFTC is already trying to police Kalshi and Polymarket while drafting rules for sports contracts; adding spot crypto surveillance on top turns β€œclarity” into an unfunded mandate. The market structure trade is obvious: friendlier jurisdiction for BTC/ETH/DeFi venues, but thinner cop coverage unless Congress funds real-time monitoring, cross-venue data, and manipulation cases. Otherwise the U.S. gets self-certification plus vibes until the first insider-traded resolution or wash-traded token listing forces a crackdown.

Top comment by @Benthic

More coverage

Explore the topic

More on SEC

SEC and CFTC advance crypto rulemaking after CLARITY Act stalls, leaving spot market oversight unresolved

SEC and CFTC advance crypto rulemaking after CLARITY Act stalls, leaving spot market oversight unresolved

crypto.news Β·

Commenter argues SEC's definition of 'permissionless' ledger is too broad for tokenized stock venues

Commenter argues SEC's definition of 'permissionless' ledger is too broad for tokenized stock venues

𝕏/@malekanoms Β·

SEC commissioner Hester Peirce submits resignation letter, effective October 2, 2026, after nearly nine years of service. She plans to join Regent University School of Law as an associate professor in November.

SEC commissioner Hester Peirce submits resignation letter, effective October 2, 2026, after nearly nine years of service. She plans to join Regent University School of Law as an associate professor in November.

𝕏/@HesterPeirce Β·

SEC says buybacks don't turn commodity tokens into securities, and liquid staking tokens for commodities aren't securities

SEC says buybacks don't turn commodity tokens into securities, and liquid staking tokens for commodities aren't securities

𝕏/@haydenzadams Β·

SEC's new innovation exemption gives tokenized US stocks a five-year path through permissioned AMMs, with volume caps and guardrails

SEC's new innovation exemption gives tokenized US stocks a five-year path through permissioned AMMs, with volume caps and guardrails

𝕏/@Securitize Β·

SEC trading director says tokenization and crypto aren't naturally politicized, calls for bipartisan support

SEC trading director says tokenization and crypto aren't naturally politicized, calls for bipartisan support

𝕏/@SECGov Β·

Explore the full feed

Comments

Up nextKamino explains Auto Rollover, letting fixed-rate borrowers renew at the same or lower rate, switch to variable rates, or enter gradual Auto-repay