{"id":1559,"date":"2026-06-11T00:36:43","date_gmt":"2026-06-10T19:06:43","guid":{"rendered":"https:\/\/stnews.live\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc-2\/"},"modified":"2026-06-11T00:36:43","modified_gmt":"2026-06-10T19:06:43","slug":"clear-explanation-crypto-jurisdiction-between-sec-cftc","status":"publish","type":"post","link":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/","title":{"rendered":"Explication claire de la juridiction crypto entre la SEC et la CFTC"},"content":{"rendered":"\n

Cet article est uniquement \u00e0 des fins d’information et ne constitue pas un conseil financier ou d’investissement. Les march\u00e9s des cryptomonnaies sont tr\u00e8s volatils. Faites toujours vos propres recherches avant de prendre des d\u00e9cisions d’investissement.<\/em><\/p>\n\n\n

La Commodity Futures Trading Commission Cftc<\/a> et la Securities and Exchange Commission ( SEC ) revendiquent toutes deux une autorit\u00e9 statutaire pour r\u00e9guler des parties du march\u00e9 des cryptomonnaies, mais elles tracent leurs lignes juridiques diff\u00e9remment, comme le confirme Caldwelllaw<\/a>. La CFTC consid\u00e8re des actifs comme Bitcoin et Ethereum comme des mati\u00e8res premi\u00e8res et r\u00e9gule leurs d\u00e9riv\u00e9s. La SEC applique le test Howey pour d\u00e9terminer quand des jetons num\u00e9riques qualifient comme des titres, selon Merklescience<\/a>.<\/p>\n\n\n

\n\n\n

D\u00e9finir les limites de la juridiction crypto<\/h2>\n\n\n

Caldwelllaw, un cabinet d’avocats, note que les actifs cryptographiques tombent g\u00e9n\u00e9ralement dans trois groupes principaux : monnaies, mati\u00e8res premi\u00e8res ou titres. Chacun d\u00e9clenche des implications juridiques uniques. Cette classification d\u00e9termine quel r\u00e9gulateur f\u00e9d\u00e9ral a l’autorit\u00e9. Pour les projets, les investisseurs et les plateformes, obtenir la bonne cat\u00e9gorie reste vital. Si une cryptomonnaie est d\u00e9sign\u00e9e comme une monnaie, la supervision se d\u00e9place g\u00e9n\u00e9ralement loin de la SEC et de la CFTC vers des agences comme FinCEN, qui sont responsables de la conformit\u00e9 en mati\u00e8re de lutte contre le blanchiment d’argent.<\/p>\n\n

SEC V\u00c0 CFTC \u201cB\u1eaeT TAY\u201d QU\u1ea2N L\u00dd CRYPTO: CU\u1ed8C CHI\u1ebeN QUY\u1ec0N L\u1ef0C K\u1ebeT TH\u00daC, K\u1ef6 NGUY\u00caN LU\u1eacT CH\u01a0I M\u1edaI B\u1eaeT \u0110\u1ea6U? \ud83d\udea8

Sau nhi\u1ec1u n\u0103m \u201cgi\u1eb1ng co\u201d quy\u1ec1n qu\u1ea3n l\u00fd th\u1ecb tr\u01b0\u1eddng crypto, hai c\u01a1 quan qu\u1ea3n l\u00fd t\u00e0i ch\u00ednh l\u1edbn nh\u1ea5t n\u01b0\u1edbc M\u1ef9 – \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch M\u1ef9 (SEC)\u2026 https:\/\/t.co\/jl6aH1Au4V<\/a> pic.twitter.com\/7dlC7d5Sr6<\/a><\/p>\u2014 Upside GM \ud83d\udc4b (@gm_upside) 16 mars 2026<\/a><\/blockquote>\n\n\n\n

Et parce que l’application d\u00e9pend de ces limites juridiques, qu’un jeton ou un projet fasse face \u00e0 une intervention de la SEC ou de la CFTC repose vraiment sur sa conception fondamentale. Merklescience souligne que cette structure de supervision multi-agences est distincte aux \u00c9tats-Unis et maintient les d\u00e9veloppeurs et les participants dans une incertitude permanente. Avec cette ambigu\u00eft\u00e9, le Congr\u00e8s a r\u00e9cemment introduit plusieurs projets de loi, visant \u00e0 clarifier la juridiction f\u00e9d\u00e9rale sur les actifs num\u00e9riques et \u00e0 r\u00e9duire la confusion pour les parties prenantes de l’industrie crypto.<\/p>\n\n\n

\n\n\n

Autorit\u00e9 de la SEC et le test Howey<\/h2>\n\n\n

Le c\u0153ur de la juridiction de la SEC dans la crypto est le test Howey\u2014un cadre en quatre parties issu de l’affaire de la Cour supr\u00eame de 1946 SEC v. Howey Co. Comme l’explique Merklescience, le test demande s’il y a (1) un investissement d’argent, (2) dans une entreprise commune, (3) une attente raisonnable de profit, et (4) un profit provenant des efforts d’autrui.<\/p>\n\n\n

L’application de la SEC a accru l’examen des offres de titres non enregistr\u00e9s, en particulier dans le domaine de la crypto. Les ann\u00e9es r\u00e9centes ont vu un ciblage agressif des jetons vendus lors d’ICO publiques, ou des jetons avec des objectifs de profit d\u00e9clar\u00e9s li\u00e9s au d\u00e9veloppement de nouvelles plateformes, souligne Merklescience.<\/p>\n\n\n

Les affaires judiciaires explorant l’application du test Howey \u00e0 de nouveaux mod\u00e8les de jetons sont centrales \u00e0 l’\u00e9volution de la r\u00e9glementation<\/a>. Sur le terrain, ces litiges fa\u00e7onnent l’\u00e9tendue de la SEC et pourraient red\u00e9finir les protections des investisseurs avec chaque d\u00e9termination l\u00e9gale. Les r\u00e9sultats ici pourraient modifier la mani\u00e8re dont la SEC surveille le monde crypto. Les enjeux sont \u00e9lev\u00e9s pour tous.<\/p>\n\n\n

\n\n\n
Facteur de Juridiction<\/th>Test\/Statut Pertinent<\/th>R\u00e9gulateur<\/th><\/tr>\n<\/thead>\n
Contrat d’Investissement<\/td>Test Howey<\/td>SEC<\/td><\/tr>\n
Mati\u00e8re Premi\u00e8re\/D\u00e9riv\u00e9<\/td>Commodity Exchange Act<\/td>CFTC<\/td><\/tr>\n
Monnaie\/Paiements<\/td>Directives FinCEN<\/td>FinCEN\/Autres<\/td><\/tr>\n<\/tbody>\n<\/table><\/figure>\n\n\n
\n\n\n

R\u00f4le R\u00e9glementaire de la CFTC Expliqu\u00e9<\/h2>\n\n\n

Merklescience explique que la Commodity Futures Trading Commission (CFTC) r\u00e9gule les mati\u00e8res premi\u00e8res et leurs d\u00e9riv\u00e9s, y compris les contrats \u00e0 terme, les swaps et les options. Cette autorit\u00e9 statutaire est ancr\u00e9e dans la loi f\u00e9d\u00e9rale, comme le confirme Scholarship<\/a>.richmond.edu. La CFTC peut intervenir sur les march\u00e9s de cryptomonnaies au comptant uniquement lorsqu’il y a des preuves de fraude ou de manipulation. Son principal objectif ? Les actifs num\u00e9riques sous-jacents aux d\u00e9riv\u00e9s r\u00e9gul\u00e9s\u2014comme Bitcoin<\/a> et Ether. Tous les actifs ne sont pas \u00e9ligibles.<\/p>\n\n\n

Avec ce cadre r\u00e9glementaire, la CFTC exige une tenue de registres rigoureuse, une surveillance en temps r\u00e9el et des normes anti-fraude pour les bourses de d\u00e9riv\u00e9s enregistr\u00e9es, rapporte Caldwelllaw. Ces r\u00e8gles impactent les transactions \u00e0 effet de levier, les produits sur marge et les plateformes d’\u00e9change, tout cela pour aider \u00e0 limiter les abus de march\u00e9. La supervision de la CFTC est essentielle pour les d\u00e9riv\u00e9s de Bitcoin et d’Ethereum\u2014un domaine attirant d\u00e9sormais une \u00e9norme activit\u00e9 institutionnelle, selon Merklescience. Cependant, l’application directe sur les march\u00e9s crypto au comptant est limit\u00e9e. La CFTC a press\u00e9 le Congr\u00e8s de renforcer son pouvoir \u00e0 mesure que les plateformes non r\u00e9gul\u00e9es et les risques de manipulation augmentent.<\/p>\n\n\n

Les grands investisseurs int\u00e9ress\u00e9s par une exposition \u00e0 Bitcoin ou Ethereum s’appuient g\u00e9n\u00e9ralement sur des contrats \u00e0 terme et des options supervis\u00e9s par la CFTC. C’est ce qui r\u00e9duit le risque juridique et permet aux produits pour BTC et ETH de se d\u00e9velopper plus rapidement que pour la plupart des autres cryptomonnaies, montrent les donn\u00e9es du march\u00e9.<\/p>\n\n\n

\n\n\n

Supervision de Bitcoin et Ethereum<\/h2>\n\n\n

Caldwelllaw confirme que Bitcoin et Ethereum sont class\u00e9s comme des mati\u00e8res premi\u00e8res et rel\u00e8vent de l’autorit\u00e9 de la CFTC pour le trading de d\u00e9riv\u00e9s.<\/p>\n\n\n

Avoir un \u00ab domicile \u00bb r\u00e9glementaire d\u00e9fini pour BTC et ETH a permis le lancement d’ETFs \u00e0 terme et d’autres d\u00e9riv\u00e9s.<\/p>\n\n\n

\n\n\n

Distinction entre Titres et Mati\u00e8res Premi\u00e8res<\/h2>\n\n\n

Scholarship.richmond.edu affirme que les pouvoirs de la SEC proviennent des lois sur les titres, tandis que ceux de la CFTC sont ancr\u00e9s dans la r\u00e9glementation des mati\u00e8res premi\u00e8res. Cette division structure l’industrie. Une mati\u00e8re premi\u00e8re, comme Bitcoin ou Ethereum, est un actif fongible \u00e9changeable sur les march\u00e9s ouverts.<\/p>\n\n\n

\n\n\n
Cat\u00e9gorie<\/th>Exemples<\/th>R\u00e9gulateur<\/th><\/tr>\n<\/thead>\n
Mati\u00e8re Premi\u00e8re<\/td>Bitcoin, Ethereum<\/td>CFTC<\/td><\/tr>\n
Titre<\/td>de nombreux jetons DeFi<\/td>SEC<\/td><\/tr>\n
Monnaie<\/td>Stablecoins, jetons de paiement<\/td>FinCEN, autres<\/td><\/tr>\n<\/tbody>\n<\/table><\/figure>\n\n\n
\n\n\n

Risques R\u00e9glementaires des Stablecoins Algorithmiques<\/h2>\n\n\n

La SEC examine tout stablecoin vendu avec des promesses de profit ou g\u00e9r\u00e9 par une partie centrale. Dans ces cas, la loi sur les titres s’applique. Si un d\u00e9riv\u00e9 bas\u00e9 sur un stablecoin est \u00e9chang\u00e9 sur une bourse r\u00e9gul\u00e9e, la juridiction de la CFTC peut \u00e9galement s’appliquer, comme le montre Merklescience.<\/p>\n\n\n

Quand les D\u00e9riv\u00e9s Crypto sont R\u00e9gul\u00e9s<\/h3>\n\n\n

Merklescience indique que le pouvoir de la CFTC entre en jeu une fois qu’un d\u00e9riv\u00e9\u2014comme un contrat \u00e0 terme ou un swap\u2014fait r\u00e9f\u00e9rence \u00e0 une mati\u00e8re premi\u00e8re num\u00e9rique telle que Bitcoin ou Ethereum. Ce cadre couvre la plupart du volume de trading institutionnel sur les bourses am\u00e9ricaines r\u00e9gul\u00e9es. Il apporte des normes rigoureuses en mati\u00e8re d’anti-fraude, de surveillance et de transparence aux d\u00e9riv\u00e9s crypto. Le Commodity Exchange Act est la colonne vert\u00e9brale qui habilite l’autorit\u00e9 de la CFTC ici.<\/p>\n\n\n

Caldwelllaw note que ces actifs peuvent attirer l’attention \u00e0 la fois de la SEC et de la CFTC, selon leur conception, leur promotion, ou s’ils sont utilis\u00e9s dans des d\u00e9riv\u00e9s ou des contrats d’investissement.<\/p>\n\n\n

Si la manipulation du march\u00e9 ou les abus s’acc\u00e9l\u00e8rent, la pression sur le Congr\u00e8s pour des pouvoirs plus clairs de la CFTC sur tous les march\u00e9s crypto au comptant devrait probablement augmenter.<\/p>\n\n\n

Affaires Essentielles Fa\u00e7onnant la Juridiction Crypto<\/h3>\n\n\n

Les perspectives de scholarship.richmond.edu et Merklescience d\u00e9montrent que la juridiction d\u00e9pend de la structure du projet et du marketing de l’actif. Les actions de premier plan\u2014comme le proc\u00e8s tr\u00e8s m\u00e9diatis\u00e9 de la SEC contre Ripple Labs concernant XRP\u2014ont \u00e9tabli des pr\u00e9c\u00e9dents importants.<\/p>\n\n\n

Pour l’instant, un manque de nouvelle l\u00e9gislation signifie que les poursuites judiciaires conduisent l’application. Les projets peuvent se relocaliser ou modifier leurs mod\u00e8les commerciaux \u00e0 mesure que les d\u00e9cisions judiciaires \u00e9voluent, plut\u00f4t que de suivre un seul protocole. De nouveaux jugements ou projets de loi l\u00e9gislatifs attendus fin 2026 pourraient enfin clarifier quelle agence est en charge\u2014red\u00e9finissant le risque pour les startups et les investisseurs. D’ici l\u00e0, attendez-vous \u00e0 une ar\u00e8ne r\u00e9glementaire tr\u00e8s dynamique et \u00e0 un jeu de pouvoir continu entre la SEC et la CFTC pour le contr\u00f4le de l’avenir de l’industrie crypto.<\/p>\n\n\n

\n\n

<\/p>\n\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

SEC contre CFTC : explication de la juridiction sur les cryptomonnaies. Comprenez comment les cryptomonnaies sont r\u00e9glement\u00e9es en tant que marchandises ou valeurs mobili\u00e8res, avec des tests et des affaires cl\u00e9s d\u00e9finissant la supervision.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"SEC vs CFTC crypto jurisdiction explained","_yoast_wpseo_metadesc":"SEC vs CFTC crypto jurisdiction explained: Understand how cryptocurrencies are regulated as commodities or securities, with key tests and cases defining oversight.","rank_math_description":"SEC vs CFTC crypto jurisdiction explained: Understand how cryptocurrencies are regulated as commodities or securities, with key tests and cases defining oversight.","rank_math_focus_keyword":"SEC vs CFTC crypto jurisdiction explained","_stn_article_citation":"","_stn_article_about":"","_stn_article_speakable":"","footnotes":""},"categories":[2,209,212,215,218,3,230,233,236,239,8],"tags":[27,57,30,40],"class_list":["post-1559","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-bitcoin-es","category-bitcoin-de","category-bitcoin-fr","category-bitcoin-pt","category-ethereum","category-ethereum-es","category-ethereum-de","category-ethereum-fr","category-ethereum-pt","category-regulation","tag-bitcoin","tag-cftc","tag-ethereum","tag-sec"],"yoast_head":"\nExplication claire de la juridiction crypto entre la SEC<\/title>\n<meta name=\"description\" content=\"SEC vs CFTC crypto jurisdiction explained: Understand how cryptocurrencies are regulated as commodities or securities, with key tests and cases defining oversight.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Explication claire de la juridiction crypto entre la SEC et la CFTC\" \/>\n<meta property=\"og:description\" content=\"SEC vs CFTC crypto jurisdiction explained: Understand how cryptocurrencies are regulated as commodities or securities, with key tests and cases defining oversight.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/\" \/>\n<meta property=\"og:site_name\" content=\"STnews\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/stnews\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-10T19:06:43+00:00\" \/>\n<meta name=\"author\" content=\"Elena Petrova\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/stnews.live\/app\/uploads\/stn-default-og.png\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/epetrova_law\" \/>\n<meta name=\"twitter:site\" content=\"@stnews_live\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elena Petrova\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":[\"Organization\",\"NewsMediaOrganization\"],\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#organization\\\/\",\"name\":\"STnews\",\"alternateName\":[\"ST News\",\"STnews\",\"stnews.live\",\"STnews.live\",\"STN\",\"S T News\",\"\u0421\u0422\u043d\u044c\u044e\u0441\",\"\u30a8\u30b9\u30c6\u30a3\u30fc\u30cb\u30e5\u30fc\u30b9\",\"\u0625\u0633 \u062a\u064a \u0646\u064a\u0648\u0632\"],\"url\":\"https:\\\/\\\/stnews.live\\\/fr\\\/\",\"description\":\"STnews is an independent digital crypto-news platform covering Bitcoin, Ethereum, stablecoins, DeFi, regulatory developments, and on-chain intelligence in 8 languages. Live prices on 250+ coins, editorial analysis, daily briefings, and AI-grounded research.\",\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/stnews.live\\\/app\\\/uploads\\\/stnews-logo-1200x630.png\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/stnews\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/stnews\",\"https:\\\/\\\/twitter.com\\\/stnews_live\",\"https:\\\/\\\/x.com\\\/stnews_live\",\"https:\\\/\\\/t.me\\\/stnews_live\",\"https:\\\/\\\/www.youtube.com\\\/@stnews\",\"https:\\\/\\\/github.com\\\/stnews-live\",\"https:\\\/\\\/www.crunchbase.com\\\/organization\\\/stnews\"],\"areaServed\":{\"@type\":\"Place\",\"name\":\"Worldwide\"},\"knowsLanguage\":[\"en\",\"es\",\"ru\",\"tr\",\"uk\",\"ar\",\"fr\",\"pt\"],\"ethicsPolicy\":\"https:\\\/\\\/stnews.live\\\/fr\\\/ethics-policy\\\/\",\"diversityPolicy\":\"https:\\\/\\\/stnews.live\\\/fr\\\/editorial-guidelines\\\/\",\"correctionsPolicy\":\"https:\\\/\\\/stnews.live\\\/fr\\\/corrections\\\/\",\"masthead\":\"https:\\\/\\\/stnews.live\\\/fr\\\/team\\\/\",\"foundingDate\":\"2023-06\",\"publishingPrinciples\":\"https:\\\/\\\/stnews.live\\\/fr\\\/editorial-guidelines\\\/\",\"actionableFeedbackPolicy\":\"https:\\\/\\\/stnews.live\\\/fr\\\/corrections\\\/\",\"verificationFactCheckingPolicy\":\"https:\\\/\\\/stnews.live\\\/fr\\\/editorial-guidelines\\\/\",\"unnamedSourcesPolicy\":\"https:\\\/\\\/stnews.live\\\/fr\\\/editorial-guidelines\\\/\",\"legalName\":\"STnews Media\",\"slogan\":\"Independent crypto news, live prices, and on-chain intelligence.\",\"knowsAbout\":[\"Bitcoin\",\"Ethereum\",\"Cryptocurrency\",\"Blockchain\",\"Stablecoin\",\"Decentralized Finance\",\"Non-fungible token\",\"Web3\",\"Cryptocurrency exchange\",\"On-chain analytics\",\"ETF flows\",\"Halving\",\"Tokenomics\",\"Layer 2 scaling\",\"Spot Bitcoin ETF\"],\"foundingLocation\":{\"@type\":\"Place\",\"name\":\"Tallinn, Estonia\"},\"missionCoveragePrioritiesPolicy\":\"https:\\\/\\\/stnews.live\\\/fr\\\/editorial-guidelines\\\/\",\"ownershipFundingInfo\":\"https:\\\/\\\/stnews.live\\\/fr\\\/about\\\/\"},{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/\"},\"author\":{\"name\":\"Elena Petrova\",\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#\\\/schema\\\/person\\\/be18d3d32f1a5657d8c428400381db19\"},\"headline\":\"Explication claire de la juridiction crypto entre la SEC et la CFTC\",\"datePublished\":\"2026-06-10T19:06:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/\"},\"wordCount\":1549,\"commentCount\":0,\"keywords\":[\"Bitcoin\",\"CFTC\",\"Ethereum\",\"SEC\"],\"articleSection\":[\"Bitcoin\",\"Bitcoin\",\"Bitcoin\",\"Bitcoin\",\"Bitcoin\",\"Ethereum\",\"Ethereum\",\"Ethereum\",\"Ethereum\",\"Ethereum\",\"Regulation\"],\"inLanguage\":\"fr\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/\",\"url\":\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/\",\"name\":\"Explication claire de la juridiction crypto entre la SEC et la CFTC\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#website\"},\"datePublished\":\"2026-06-10T19:06:43+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#\\\/schema\\\/person\\\/be18d3d32f1a5657d8c428400381db19\"},\"description\":\"SEC vs CFTC crypto jurisdiction explained: Understand how cryptocurrencies are regulated as commodities or securities, with key tests and cases defining oversight.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/#breadcrumb\"},\"inLanguage\":\"fr\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/\"]}],\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#organization\\\/\"},\"copyrightYear\":2026,\"publisher\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#organization\\\/\"}},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/2026\\\/06\\\/clear-explanation-crypto-jurisdiction-between-sec-cftc\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/stnews.live\\\/fr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Explication claire de la juridiction crypto entre la SEC et la CFTC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#website\",\"url\":\"https:\\\/\\\/stnews.live\\\/fr\\\/\",\"name\":\"STnews\",\"description\":\"STnews is an independent digital crypto-news platform covering Bitcoin, Ethereum, stablecoins, DeFi, regulatory developments, and on-chain intelligence in 8 languages. Live prices on 250+ coins, editorial analysis, daily briefings, and AI-grounded research.\",\"alternateName\":[\"ST News\",\"STnews\",\"stnews.live\",\"STnews.live\",\"STN\",\"S T News\",\"\u0421\u0422\u043d\u044c\u044e\u0441\",\"\u30a8\u30b9\u30c6\u30a3\u30fc\u30cb\u30e5\u30fc\u30b9\",\"\u0625\u0633 \u062a\u064a \u0646\u064a\u0648\u0632\"],\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/stnews.live\\\/fr\\\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr\",\"publisher\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#organization\\\/\"},\"copyrightYear\":2026,\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#organization\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#\\\/schema\\\/person\\\/be18d3d32f1a5657d8c428400381db19\",\"name\":\"Elena Petrova\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr\",\"@id\":\"https:\\\/\\\/stnews.live\\\/app\\\/uploads\\\/2026\\\/05\\\/avatar_elena-petrova.jpg\",\"url\":\"https:\\\/\\\/stnews.live\\\/app\\\/uploads\\\/2026\\\/05\\\/avatar_elena-petrova.jpg\",\"contentUrl\":\"https:\\\/\\\/stnews.live\\\/app\\\/uploads\\\/2026\\\/05\\\/avatar_elena-petrova.jpg\",\"caption\":\"Elena Petrova\"},\"description\":\"Elena Petrova is a regulatory correspondent specializing in crypto law and policy with over 10 years of financial journalism experience. Formerly a finance reporter at Reuters, Elena covers SEC enforcement, MiCA implementation, and global stablecoin regulations. She holds a J.D. from Georgetown Law and is a member of the New York State Bar. Her regulatory analysis is frequently referenced by compliance officers and legal teams at major exchanges.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/elenapetrova-law\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/x.com\\\/epetrova_law\"],\"url\":\"https:\\\/\\\/stnews.live\\\/fr\\\/author\\\/elena-petrova\\\/\",\"jobTitle\":\"Regulation Correspondent\",\"knowsAbout\":[\"Stablecoin News\",\"Regulation\",\"Bitcoin\"],\"worksFor\":{\"@id\":\"https:\\\/\\\/stnews.live\\\/fr\\\/#organization\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Explication claire de la juridiction crypto entre la SEC","description":"SEC vs CFTC crypto jurisdiction explained: Understand how cryptocurrencies are regulated as commodities or securities, with key tests and cases defining oversight.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/","og_locale":"fr_FR","og_type":"article","og_title":"Explication claire de la juridiction crypto entre la SEC et la CFTC","og_description":"SEC vs CFTC crypto jurisdiction explained: Understand how cryptocurrencies are regulated as commodities or securities, with key tests and cases defining oversight.","og_url":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/","og_site_name":"STnews","article_publisher":"https:\/\/www.facebook.com\/stnews","article_published_time":"2026-06-10T19:06:43+00:00","author":"Elena Petrova","twitter_card":"summary_large_image","twitter_image":"https:\/\/stnews.live\/app\/uploads\/stn-default-og.png","twitter_creator":"@https:\/\/x.com\/epetrova_law","twitter_site":"@stnews_live","twitter_misc":{"Written by":"Elena Petrova","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Organization","NewsMediaOrganization"],"@id":"https:\/\/stnews.live\/fr\/#organization\/","name":"STnews","alternateName":["ST News","STnews","stnews.live","STnews.live","STN","S T News","\u0421\u0422\u043d\u044c\u044e\u0441","\u30a8\u30b9\u30c6\u30a3\u30fc\u30cb\u30e5\u30fc\u30b9","\u0625\u0633 \u062a\u064a \u0646\u064a\u0648\u0632"],"url":"https:\/\/stnews.live\/fr\/","description":"STnews is an independent digital crypto-news platform covering Bitcoin, Ethereum, stablecoins, DeFi, regulatory developments, and on-chain intelligence in 8 languages. Live prices on 250+ coins, editorial analysis, daily briefings, and AI-grounded research.","logo":{"@type":"ImageObject","url":"https:\/\/stnews.live\/app\/uploads\/stnews-logo-1200x630.png"},"sameAs":["https:\/\/x.com\/stnews","https:\/\/www.linkedin.com\/company\/stnews","https:\/\/twitter.com\/stnews_live","https:\/\/x.com\/stnews_live","https:\/\/t.me\/stnews_live","https:\/\/www.youtube.com\/@stnews","https:\/\/github.com\/stnews-live","https:\/\/www.crunchbase.com\/organization\/stnews"],"areaServed":{"@type":"Place","name":"Worldwide"},"knowsLanguage":["en","es","ru","tr","uk","ar","fr","pt"],"ethicsPolicy":"https:\/\/stnews.live\/fr\/ethics-policy\/","diversityPolicy":"https:\/\/stnews.live\/fr\/editorial-guidelines\/","correctionsPolicy":"https:\/\/stnews.live\/fr\/corrections\/","masthead":"https:\/\/stnews.live\/fr\/team\/","foundingDate":"2023-06","publishingPrinciples":"https:\/\/stnews.live\/fr\/editorial-guidelines\/","actionableFeedbackPolicy":"https:\/\/stnews.live\/fr\/corrections\/","verificationFactCheckingPolicy":"https:\/\/stnews.live\/fr\/editorial-guidelines\/","unnamedSourcesPolicy":"https:\/\/stnews.live\/fr\/editorial-guidelines\/","legalName":"STnews Media","slogan":"Independent crypto news, live prices, and on-chain intelligence.","knowsAbout":["Bitcoin","Ethereum","Cryptocurrency","Blockchain","Stablecoin","Decentralized Finance","Non-fungible token","Web3","Cryptocurrency exchange","On-chain analytics","ETF flows","Halving","Tokenomics","Layer 2 scaling","Spot Bitcoin ETF"],"foundingLocation":{"@type":"Place","name":"Tallinn, Estonia"},"missionCoveragePrioritiesPolicy":"https:\/\/stnews.live\/fr\/editorial-guidelines\/","ownershipFundingInfo":"https:\/\/stnews.live\/fr\/about\/"},{"@type":"NewsArticle","@id":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/#article","isPartOf":{"@id":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/"},"author":{"name":"Elena Petrova","@id":"https:\/\/stnews.live\/fr\/#\/schema\/person\/be18d3d32f1a5657d8c428400381db19"},"headline":"Explication claire de la juridiction crypto entre la SEC et la CFTC","datePublished":"2026-06-10T19:06:43+00:00","mainEntityOfPage":{"@id":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/"},"wordCount":1549,"commentCount":0,"keywords":["Bitcoin","CFTC","Ethereum","SEC"],"articleSection":["Bitcoin","Bitcoin","Bitcoin","Bitcoin","Bitcoin","Ethereum","Ethereum","Ethereum","Ethereum","Ethereum","Regulation"],"inLanguage":"fr","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/","url":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/","name":"Explication claire de la juridiction crypto entre la SEC et la CFTC","isPartOf":{"@id":"https:\/\/stnews.live\/fr\/#website"},"datePublished":"2026-06-10T19:06:43+00:00","author":{"@id":"https:\/\/stnews.live\/fr\/#\/schema\/person\/be18d3d32f1a5657d8c428400381db19"},"description":"SEC vs CFTC crypto jurisdiction explained: Understand how cryptocurrencies are regulated as commodities or securities, with key tests and cases defining oversight.","breadcrumb":{"@id":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/#breadcrumb"},"inLanguage":"fr","potentialAction":[{"@type":"ReadAction","target":["https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/"]}],"copyrightHolder":{"@id":"https:\/\/stnews.live\/fr\/#organization\/"},"copyrightYear":2026,"publisher":{"@id":"https:\/\/stnews.live\/fr\/#organization\/"}},{"@type":"BreadcrumbList","@id":"https:\/\/stnews.live\/fr\/2026\/06\/clear-explanation-crypto-jurisdiction-between-sec-cftc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/stnews.live\/fr\/"},{"@type":"ListItem","position":2,"name":"Explication claire de la juridiction crypto entre la SEC et la CFTC"}]},{"@type":"WebSite","@id":"https:\/\/stnews.live\/fr\/#website","url":"https:\/\/stnews.live\/fr\/","name":"STnews","description":"STnews is an independent digital crypto-news platform covering Bitcoin, Ethereum, stablecoins, DeFi, regulatory developments, and on-chain intelligence in 8 languages. Live prices on 250+ coins, editorial analysis, daily briefings, and AI-grounded research.","alternateName":["ST News","STnews","stnews.live","STnews.live","STN","S T News","\u0421\u0422\u043d\u044c\u044e\u0441","\u30a8\u30b9\u30c6\u30a3\u30fc\u30cb\u30e5\u30fc\u30b9","\u0625\u0633 \u062a\u064a \u0646\u064a\u0648\u0632"],"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/stnews.live\/fr\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fr","publisher":{"@id":"https:\/\/stnews.live\/fr\/#organization\/"},"copyrightYear":2026,"copyrightHolder":{"@id":"https:\/\/stnews.live\/fr\/#organization"}},{"@type":"Person","@id":"https:\/\/stnews.live\/fr\/#\/schema\/person\/be18d3d32f1a5657d8c428400381db19","name":"Elena Petrova","image":{"@type":"ImageObject","inLanguage":"fr","@id":"https:\/\/stnews.live\/app\/uploads\/2026\/05\/avatar_elena-petrova.jpg","url":"https:\/\/stnews.live\/app\/uploads\/2026\/05\/avatar_elena-petrova.jpg","contentUrl":"https:\/\/stnews.live\/app\/uploads\/2026\/05\/avatar_elena-petrova.jpg","caption":"Elena Petrova"},"description":"Elena Petrova is a regulatory correspondent specializing in crypto law and policy with over 10 years of financial journalism experience. Formerly a finance reporter at Reuters, Elena covers SEC enforcement, MiCA implementation, and global stablecoin regulations. She holds a J.D. from Georgetown Law and is a member of the New York State Bar. Her regulatory analysis is frequently referenced by compliance officers and legal teams at major exchanges.","sameAs":["https:\/\/www.linkedin.com\/in\/elenapetrova-law","https:\/\/x.com\/https:\/\/x.com\/epetrova_law"],"url":"https:\/\/stnews.live\/fr\/author\/elena-petrova\/","jobTitle":"Regulation Correspondent","knowsAbout":["Stablecoin News","Regulation","Bitcoin"],"worksFor":{"@id":"https:\/\/stnews.live\/fr\/#organization"}}]}},"_links":{"self":[{"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/posts\/1559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/comments?post=1559"}],"version-history":[{"count":0,"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/posts\/1559\/revisions"}],"wp:attachment":[{"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/media?parent=1559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/categories?post=1559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stnews.live\/fr\/wp-json\/wp\/v2\/tags?post=1559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}