The sec and cftc have issued guidance on crypto assets, with the cftc releasing faqs on their use by registrants and registered entities. There are reports of a working group issuing a report and recommendations on digital asset markets, and an agreement between the sec and cftc to coordinate crypto oversight. The scope and details of the guidance and oversight efforts are not entirely clear, with some outlets suggesting a multi-phase approach and others highlighting a report from a presidential working group.