Title: CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities
Post by: Bitcoin on Jul 12, 2024, 06:39 am
Post by: Bitcoin on Jul 12, 2024, 06:39 am
CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […]
Source: CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities (https://news.bitcoin.com/cftc-chair-pushes-for-federal-legislation-to-regulate-bitcoin-and-ether-as-commodities/)
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […]Source: CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities (https://news.bitcoin.com/cftc-chair-pushes-for-federal-legislation-to-regulate-bitcoin-and-ether-as-commodities/)