A new bill that would give CFTC oversight over Bitcoin and Ether has been unveiled. The bill would deem Bitcoin and Ether as commodities..
CFTC taking the leadership for regulating crypto is a net good:
* takes the trolling power away from Gensler & creates incentives that allow tokens to be quasi tokens to be currencies/securities
* CFTC already providing frameworks for crypto solutions to be embraced (FTX).
and the bipartisan desire to give the CFTC the clarity it needs to oversee crypto spot markets. We look forward to continuing our work with the Senators and their colleagues to ensure crypto innovation thrives in the United States..
Senate plans to treat #Bitcoins and #Ethereum as commodities to be regulated by the CFTC👀.
A push in Washington to transform the CFTC into a top crypto watchdog is gaining steam with a Senate bill that would give it sweeping new powers to oversee the asset class.
Hey @HesterPierce – Move over…. There’s a new Crypto Mam in town… CFTC Commissioner : @CarolineDPham ☘️☘️👍👍☘️☘️.
Se ha presentado un nuevo proyecto de ley que otorgaría a la CFTC la supervisión de #Bitcoin y #Ethereum , en el que se consideraria a estos activos virtuales como materias primas..
🌐 Push to Give Derivatives Regulator More Sway Over Crypto Trading Gains Steam – Bloomberg 🌐 #crypto #cryptonews.
CFTC overseeing Crypto space would be way better than SEC whose main mission is to destroy the industry. Problem is if CFTC is in charge, they need to be equipped w/crypto experts & funded to keep up with the evolving environment Why isn’t Crypto Queen @SenLummis a co-sponsor🤔.
It is a very odd feeling rooting for the CFTC to regulate crypto $ETH $BTC #SorryGary.
A new bill that would give CFTC oversight over #Bitcoin and #Ethereum has been unveiled. The bill would deem Bitcoin and Ether as commodities..
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