12 to 11 passed... The U.S. Senate voted to pass the CFTC Cryptocurrency Regulation Act, signaling the separation of jurisdiction from the SEC

The U.S. Senate Agriculture Committee passed a CFTC-centric cryptocurrency regulation bill… Officially Launched Discussions on Sharing Responsibilities with the SEC\n\nAs part of the reform of the cryptocurrency market structure, the U.S. Senate Agriculture Committee voted to pass the Digital Commodity Intermediary Act, officially launching initiatives to strengthen the regulatory authority of the Commodity Futures Trading Commission. The bill passed the Republican-led Senate Agriculture Committee on the 29th local time with 12 votes in favor and 11 against. The bill is part of the CLARITY Act, a broad crypto regulatory draft, and is the result of a bicameral coordination process following its passage in the House of Representatives last July. The bill includes provisions that define digital assets as “digital goods,” as well as exchange registration obligations and operating standards. In particular, the bill distinguishes regulatory responsibilities between the CFTC and the Securities and Exchange Commission and includes provisions to provide specific financial support to the CFTC for the establishment of a spot market regulatory system. Accordingly, the bill intends to establish a system of cooperation between the two institutions to minimize regulatory gaps in the cryptocurrency market. “This decision is an important step forward in establishing clear rules for the digital asset market” and “will help protect consumers and restore market trust,” said John Boozman, chairman of the committee, through a statement from the commission. The CLARITY Act, the U.S. Senate’s overall draft regulation, aims to clarify the legal classification of cryptocurrencies and the role of regulators. Its core content is the separation of jurisdiction, making the CFTC the regulatory body for some assets such as Bitcoin, while the rest of the security tokens are managed by the SEC. However, the CLARITY Act is currently being discussed in a more comprehensive version by the Senate Banking Committee and is being realigned on the eve of a vote postponed early this year. Coinbase’s CEO, Brian Armstrong, has strongly opposed provisions involving decentralized finance and essentially prohibiting security tokenized assets during the process. The passage of the bill by the Committee on Agriculture is of great significance as a signal flare to the U.S. Congress that clearly establishes the subject of regulation. In the future, the passage of the Banking Commission’s CLARITY overall bill is expected to be a watershed moment in measuring the overall institutionalization of the U.S. cryptocurrency industry. \n\n Regulatory💡 flows are changing… Preparing for the ‘mainstream’ of the crypto market at the TokenPost Academy As the U.S. Senate officially begins discussions on the CFTC-centric crypto regulation bill, the market regulatory framework is being redesigned. Nowadays, as the overall institutionalization of industries such as exchange registration and operation standards and digital asset classification accelerates, investors themselves must also improve their legal understanding and risk management capabilities in order to survive. \n\nTokenPost Academy, operated by TokenPost, Korea’s No. 1 blockchain media, provides practical education courses that adapt to this change. \n\nIn the Phase 2 course, students will learn to judge the jurisdictional risks of the SEC and CFTC and build a safe investment portfolio by analyzing the structure and tokenomics of the project. \n\nIn Stage 5: The DeFi User course, prepare for the regulatory risks that may occur with unregistered protocols and understand the non-speculative and robust yield generation mechanism. \n\n<>\n\nIn Stage 7: The Macro Master, students learn how to analyze the impact of macroeconomic and institutional changes on the market, and develop a strategic vision to respond sensitively to regulatory changes. The current trend is not just a change in the system, but a signal that investor standards need to be rewritten. Please prepare “that standard” with TokenPost Academy. \n\n[Apply for TokenPost Academy Course]\n\nCourse: 7-Stage Masterclass from Basics to Tokenomics, DeFi, Macroeconomic Analysis\n\nSpecial Offer: First Month Free Event On! \n\nDirect Link: AI Considerations\n\nThis article is based on TokenPost.ai language model generation. The main content of the text may be omitted or inconsistent with the facts.