U.S. Commodity Futures Trading Commission (CFTC)

Bitcoin price holds near $82,000 as ETF inflows surge and the CLARITY Act battle intensifies, with the act approaching a markup in the Senate Banking Committee. The U.S. spot Bitcoin exchange-traded funds drew about $1.9 billion of net inflows in April. The CLARITY Act would define jurisdiction for most digital assets between the SEC and CFTC.

SEC Chair Paul Atkins and CFTC Chair Mike Selig announced a collaborative regulatory approach to digital assets, emphasizing onshore crypto development, tokenization, and future-proof rules. They highlighted joint efforts like the token taxonomy guidance and proposed an 'innovation exemption' to foster U.S.-based crypto projects while addressing securities vs. commodities boundaries.

U.S. CFTC's Selig stated that AI has helped compensate for staffing cuts at the key crypto regulatory body. The use of AI is seen as a critical tool to maintain oversight despite reduced personnel.