US market structure refers to the organizational and operational framework of financial markets within the United States, encompassing exchanges, trading venues, clearinghouses, and regulatory bodies. For digital assets, this involves how cryptocurrencies are traded, settled, and overseen by various federal and state authorities. It defines the rules and systems that govern market participants and activities. This structure dictates market efficiency and fairness.
Context
The state of the US market structure for digital assets is currently fragmented and lacks a unified regulatory approach, leading to significant uncertainty. A key debate involves which existing regulatory agencies have jurisdiction over different digital asset activities and whether new legislation is required. A critical future development to watch for is legislative action or clearer guidance from bodies like the SEC and CFTC that aims to establish a comprehensive and consistent market structure for digital assets, promoting both innovation and investor protection.
The SEC's planned innovation exemptions will fundamentally alter the US compliance calculus, creating a new, regulated path for Web3 product development.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
