I assume there should be a good reason for this
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U.S. Senate Is Still Confused About How to Regulate Crypto After FTX CollapseProposed bills in Congress would give the CFTC more ability to regulate crypto, but the CFTC chair said bitcoin may be the only token considered a 'commodity.' After all saying there is something there of value worthy of being regulated may be a bridge too far. tt:lizpeek berthacoombs Cryptocurency regulation Ban it. We have a currency Because it’s already highly regulated if a business is domiciled in the US. Coinbase show this.
Source: Gizmodo - 🏆 556. / 51 Read more »
CFTC commissioner calls for a household category of crypto investorChristy Goldsmith Romero on Wednesday heightened calls for stronger scrutiny of cryptocurrency exchanges. The only way to regulate cryptos is to BanCrypto 🤓 interesting. I hope the government focuses on risk to the financial system vs regulating economic freedom. a buyer beware mindset is a much better tool than regulating how people spend their $ or take on risk. let it play out ...failure is a great teacher 'Victim' will do nicely, I suspect. 😬
Source: axios - 🏆 302. / 63 Read more »
CFTC chief says Bitcoin is the only commodity in the wake of FTX collapseCFTC, the financial regulatory body in the U.S., is facing a lot of scrutiny post-FTX collapse, and now its chief is taking a cautious approach to all thing crypto. No one cares, they just want these MFers to figure it out, so we can see if this cryptodickbutt is a write off or not Backpacks. Whose ur editor? Lol
Source: Cointelegraph - 🏆 562. / 51 Read more »