U.S. regulators, including the SEC and CFTC, are expediting cryptocurrency oversight by employing interpretive rules, as highlighted in a recent Government Accountability Office (GAO) report. This approach allows for quicker policy implementation by bypassing traditional rulemaking processes, providing immediate clarity to the market. The GAO report, released on April 8, outlines how these agencies are using interpretive measures to define crypto assets under existing securities laws, thus reducing procedural friction and supporting broader adoption. The GAO review emphasizes that this strategy prioritizes speed and clarity over extended public consultation, as the agencies did not solicit public comments or conduct a formal cost-benefit analysis. By classifying crypto assets based on their characteristics and functions, the SEC and CFTC aim to align them with securities laws, potentially lowering barriers for issuers and enhancing scalability. This regulatory shift is expected to influence the market structure significantly as it progresses.