CFTC's Selig signals new joint SEC guidance aimed at clarifying crypto's commodity vs. security divide

CFTC Chairman Michael Selig said this week that regulators will issue additional joint crypto guidance with the SEC. The CFTC has aligned with an SEC interpretation intended to address "significant ambiguity" over which crypto assets should be treated as commodities versus securities, a move aimed at clarifying the rules for millions of Americans who use crypto.