Senate bill would give CFTC more sway over crypto trading
The new proposal would give the derivatives regulator direct oversight of tokens that qualify as 'digital commodities.'
A push in Washington to transform the U.S. derivatives regulator into a top crypto watchdog is gaining steam with a Senate bill that would give the Commodity Futures Trading Commission sweeping new powers to oversee the asset class.
The CFTC, whose purview is now mostly limited to crypto derivati
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