How does the CFTC affect cryptocurrency markets?

[mendez]

While the Securities and Exchange Commission (SEC) primarily regulates securities, the CFTC has jurisdiction over cryptocurrency derivatives and oversees the integrity of crypto-related trading activity. This includes futures and options contracts tied to digital assets, as well as monitoring fraud and market manipulation in spot markets. The CFTC’s involvement in crypto aims to balance innovation with investor protection, helping the market develop clear rules while providing guidance on best practices for digital asset trading.

[cryptoenthusiast]

sec handles securities, cftc handles futures and swaps… and somehow crypto ended up in the middle of both