XRP Price Advances As SEC and CFTC Announce Joint Regulatory Plan
XRP price has been on the move toward higher levels after US regulators announced a rare cooperative plan.
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a joint statement outlining efforts to harmonize oversight of digital asset derivatives, including perpetual futures contracts.
Could regulatory alignment finally unlock broader participation in US crypto markets?
Regulators Outlined a Joint Derivatives Framework
The SEC and CFTC said they would work together to modernize oversight of derivatives tied to digital assets. The statement marked a shift after years of jurisdictional conflict between the agencies.
Officials targeted three areas for alignment. First, they sought consistent capital and margin requirements to prevent arbitrage between rule sets.
Second, they aimed to simplify reporting standards to reduce compliance burdens.
Third, they planned to...