The American Bar Association’s Jurisdiction Working Group of the Innovative Digitized Products and Processes Subcommittee (“IDPPS”) has published a white paper, providing a comprehensive explanation of federal and state laws that may apply to the creation, offer, use and trading of digital assets in the United States.. It also recommends an analytic framework for considering potential issues of jurisdictional overlap between the Commodity Futures Trading Commission and the Securities and Exchange Commission under the separate federal statutes they each are responsible for administering.
