Editor's PiCK
U.S. Treasury Department Discusses Enhancing Regulatory Clarity for Digital Assets... FSOC Meeting Held
Summary
- The United States Treasury Department has begun discussions to enhance regulatory clarity in the digital asset market.
- At the FSOC executive meeting, each agency reportedly shared recent actions and progress regarding digital assets.
- This discussion is understood to aim at improving regulatory clarity and strengthening the United States' global leadership.
The United States Secretary of the Treasury has begun discussions to enhance regulatory clarity in the digital asset market.
According to O'Daily on the 5th (local time), Scott Besant, the United States Secretary of the Treasury, convened a Financial Stability Oversight Council (FSOC) executive meeting on this day to discuss issues related to digital assets.
At the meeting, Treasury staff briefed on the progress of the President's Working Group on Digital Asset Markets (DAM), and Paul Atkins, Chair of the United States Securities and Exchange Commission (SEC), and Caroline Pham, Acting Chair of the Commodity Futures Trading Commission (CFTC), also shared recent actions taken by their respective institutions.
This meeting is understood to have been organized to strengthen the United States' global leadership in the digital asset and fintech space and to improve regulatory clarity in the market.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
