- The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protection Act becomes law.
- The regulator claims to have the right experience and expertise and believes that “Many digital assets constitute commodities”.
- Two other bills have been introduced in Congress this year to make the CFTC the primary regulator of the crypto spot markets.
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets…
