Comment on Trump could give CFTC powers to lead crypto regulation

Trump could give CFTC powers to lead crypto regulation

The Commodity Futures Trading Commission (CFTC) could soon see greater powers added under President-elect Trump when it comes to the cryptocurrency market. FOX Business reports the incoming Trump administration wants to expand the power of the CFTC by granting it oversight of a significant portion of the $3 trillion digital asset industry. If the reports are correct, this move could see the regulatory power of the Securities and Exchange Commission being rolled back.

 

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