America’s top regulators finally come to a consensus on regulation

Mar 12, 2026 12:52 AMPublished Mar 12, 2026 12:52 AM

Despite its own former director and the CFTC classifying Ethereum as a commodity, the SEC under Gary Gensler has aggressively pushed to reclassify it as a security, plunging the crypto market into needless uncertainty. Is this regulatory flip-flop a deliberate attempt to control, or just incompetence?
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Two of the most powerful financial regulators in the United States have signed a new agreement aimed at reducing confusion over how cryptocurrencies should be regulated.

www.thestreet.comAmerica’s top regulators finally come to a consensus on regulationTwo of the most powerful financial regulators in the United States have signed a new agreement aimed at reducing confusion over how cryptocurrencies should be regulated.

Scott Bessent •Treasury •CFTC

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