The top U.S. financial regulators are warning of dangerous holes in the oversight of crypto and are asking Congress for more powers, including settling which agency will oversee the bulk of trading in bitcoins and other non-security tokens, officials said during a meeting of the Financial Stability Oversight Council (FSOC) on Monday. The council is preparing to issue a report on Monday that flags several of the unregulated hazards in the digital assets industry, including the spot market for bitcoin, according to Treasury officials speaking at the meeting. These latest recommendations from the group, which is led by ... (full story)