The SEC and the CFTC today sent their final proposals to the White House to define who controls each area of the market.
The plan includes a token taxonomy that will finally separate assets that are securities (SEC) from commodities (CFTC), while prediction markets (such as Kalshi or Polymarket) will receive clear regulations under CFTC oversight, removing the shadow of illegality that previously dogged them.
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The SEC and the CFTC today sent their final proposals to the White House to define who controls each area of the market.
The plan includes a token taxonomy that will finally separate assets that are securities (SEC) from commodities (CFTC), while prediction markets (such as Kalshi or Polymarket) will receive clear regulations under CFTC oversight, removing the shadow of illegality that previously dogged them.