Bessent: U.S. Treasury Will Bridge the Crypto Regulatory Gap Between SEC and CFTC

Odaily reports: U.S. Treasury Secretary Bessent stated that regardless of whether Congress takes action, the U.S. Treasury will push to bridge the cryptocurrency regulatory gap between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This statement indicates that even if relevant legislation stalls at the congressional level, the Treasury still plans to promote coordination of the two regulators' regulatory frameworks.