The future of digital asset regulation? The CFTC, says Congressional committee

The future of digital asset regulation? The CFTC, says Congressional committee

From theblock.co

Within Congress, the Commodity Futures Trading Commission is picking up political momentum to regulate crypto markets directly. On June 23, a subcommittee of the House Agriculture Committee held a hearing on “the Future of Digital Assets Regulation.” That future, by all appearances, looks a lot like it belongs with the Commodity Futures Trading Commission. “Should the CFTC have direct statutory authority to regulate cash markets,” asked new subcommittee chairman Sean Maloney (D-NY). Maloney’s inquiry reflects a long-running lingering question in Washington: which regulator should take point on crypto? ... (full story)

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