Key Notes

Regulatory chiefs promise to end the "no man's land" approach that has stifled crypto innovation and market development.

Trading hours will expand to 24/7 operations while clearer guidelines emerge for prediction and derivatives markets worldwide.

DeFi platforms may receive innovative exemptions as agencies shift away from previous enforcement-heavy regulatory strategies.

Paul Atkins, the chairman of the US Securities and Exchange Commission (SEC) , and Caroline Pham, the acting chairman of the Commodity Futures Trading Commission (CFTC), are advocating for increased collaboration between their respective agencies. They are also proposing pro-crypto regulatory modifications as part of a fresh approach to encourage the adoption of digital assets in various markets.

The duo

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