Bitcoin Reclaims $80K as SEC and CFTC Push Ahead After CLARITY Failure

Fresh moves from the two largest regulators in the United States suggest the local crypto industry is still advancing on the regulatory front even without Congress.

The CFTC’s move coincided with the broader market’s price resurgence on Friday, leading to the question of whether BTC and the alts jumped because of regulatory developments.

SEC and Tokenized Stocks CryptoPotato reported on September 17 that the SEC introduced a five-year “Innovation Exception” program designed to make it easier for qualifying platforms to trade tokenized US stocks on-chain.

It allows eligible trading venues relief from some exchange requirements and offers liquidity providers temporary exceptions from dealer-registration rules.