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Browse: Home / 2022 / May / 02 / Crypto industry would get overseen by the CFTC, its preferred regulator, under new bill – The Washington Post

Crypto industry would get overseen by the CFTC, its preferred regulator, under new bill – The Washington Post

By Securities Docket on May 2, 2022, 7:45 am

As Washington policymakers wrangle over how to oversee cryptocurrency, a new bipartisan proposal would give the rapidly expanding sector a victory by handing authority to the Commodity Futures Trading Commission (CFTC), seen by the industry as a more benevolent regulator.

The bill — introduced Thursday by Republican Reps. Glenn Thompson (Pa.) and Tom Emmer (Minn.) and Democratic Reps. Ro Khanna (Calif.) and Darren Soto (Fla.) — would allow crypto trading platforms to register with the CFTC.

Source: Crypto industry would get overseen by the CFTC, its preferred regulator, under new bill – The Washington Post

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Posted in Industry, SEC, Top | Tagged CFTC, Cryptocurrency

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