Trump SEC Overhaul Fuels Oversight Debate Over Family Crypto Conflicts
US monetary regulators simply rewrote the rulebook. On Tuesday, the SEC and CFTC launched joint pointers classifying the overwhelming majority of digital belongings as commodities or “digital instruments,” stripping the SEC of its earlier enforcement-heavy oversight position. The transfer instantly fueled conflict-of-interest allegations relating to World Liberty Financial, the DeFi undertaking managed by the Trump…
