The United States has many regulators responsible for overseeing various aspects of crypto assets, with each having its own position on how to regulate them. Strong opinions on cryptocurrency currency major regulators in the United States include the SEC, CFTC, the Federal Reserve, Pinsan and the IRS.
The Securities and Exchange Commission (SEC) has authority over crypto assets that are considered “guarantees” in the oversight of the offer, sale and trade of such assets. Many companies have tried to get agency approval through Bitcoin ETFs, but so far all offers have been rejected.
Future Commodity Trade Commission
The Futures Trading Commission (CFTC) has broad authority over derivatives and commodities, whereas cryptocurrency derivatives and commodities are regulated in the U.S. Just like any manufactured or other commodity.