The U.S. Capitol building in Washington. Photo: Christine Schiffner/ALM Confused Crypto Currency Regulation Needs Congress' Intervention, Lawmakers Say
The U.S. Securities and Exchange Commission sees digital assets as securities, while the Commodity Futures Trading Commission regards them as commodities.
May 11, 2023 at 11:34 AM
5 minute read
Cryptocurrency
Current U.S. law is ill-equipped for the digital asset age, as federal financial agencies remain divided on whether crypto currency is a security or a commodity, lawmakers and lawyers said Wednesday at a joint hearing of U.S. House committees.
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