Outside Source
The disagreement over whether the SEC or the CFTC should regulate memecoins points to confusion arising from the lack of a clear regulatory framework for digital assets.
News
A former chief attorney at the Commodity Futures Trading Commission (CFTC) believes the agency is well-positioned to regulate memecoins, as US regulators debate which authority should oversee the controversial sector.
Elizabeth Davis, partner at the law firm Davis Wright Tremaine and an ex-CFTC chief trial attorney, said that the CFTC would be the right authority to take the helm of memecoin regulation.
This article first appeared at Cointelegraph.com News
