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Trump regulators forge ahead with crypto rules amid Senate holdups
A key financial regulator is moving forward with rules for the cryptocurrency industry that would tackle a key legal issue — whether their tokens will be considered securities and fall under the Securities and Exchange Commission (SEC). The SEC issued guidance last week that would help the industry know what will fall under its jurisdiction and what will fall under the Commodity Futures Trading Commission (CFTC), a question that has bedeviled the nascent industry. The moves suggest regulators are not waiting on separate legislation being negotiated in the Senate to come up with their own rules for an increasingly ... (full story)