U.S SEC and CFTC heads held a harmonization meeting to show that they are side-by-side in terms of crypto oversight. These two agencies are now set to work hand-in-hand as the CFTC Chairman Mike Selig revealed an ambitious plan to join the SEC’s “commonsense crypto asset taxonomy.”
Selig remarked that this move marks the “beginning of a new chapter for the CFTC.” Elsewhere, Bitcoin Hyper news covers recent developments as HYPER and DeepSnitch AI (DSNT) lock horns.
U.S SEC and CFTC heads push for a joint crypto oversight
Both CFTC and the SEC are set to formalize their joint crypto oversight by signing an MoU, according to a recent report by the Wall Street Journal. In his first public speech, CFTC’s Selig said that he urged his staff to view this “joint codification of this framework as an interim measure while Congress finalizes legislation.”
SEC chair Paul Atkins further said that the two agencies deploy every tool at their disposal to reduce friction, to harmonize standards and definitions where appropriate. This partnership brings digital assets close to mass adoption due to clearer regulations.
Latest Bitcoin Hyper news and 2 coins showing potential for an explosive surge
1. DeepSnitch AI: The utility-backed AI crypto with 100x upside potential
2. Bitcoin Hyper: An L2 solving Bitcoin’s scalability issues
This crypto markets itself as the fastest layer 3 blockchain offering faster and cheaper Bitcoin transactions as well as scalable dApps. The platform uses the high-throughput Solana Virtual Machine (SVM) to provide these solutions according to Bitcoin Hyper announcements.
3. Nexchain: An AI-powered Layer-1 blockchain designed for scalable dApps
Final verdict
The traction around DeepSnitch AI (DSNT) is further driven by the team’s focus on developing working solutions instead of rushing to launch a half-baked product. Its uncapped staking rewards also aim to reduce supply to make sure DSNT has a free runway to the top.
FAQs
1. How high can Bitcoin Hyper go?
The Bitcoin Hyper news today shows that HYPER has the potential to rally towards $1, especially after a successful launch. On the other hand, DeepSnitch AI (DSNT) is expected to launch soon and could reach $1 before Bitcoin Hyper.
2. How much is 1 Bitcoin hyper?
Bitcoin Hyper was priced at $0.013655 on January 30th, according to the Hyper project updates.
3. Is Hyper Bitcoin worth buying?
HYPER has positioned itself as a top crypto project, as per the recent Bitcoin Hyper announcements. However, most degens think that DeepSnitch AI is a better alternative due to its clear AI utility, reduced supply, and strong momentum.
