CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities
The chairman of the Commodity Futures Trading Commission , Rostin Behnam, discussed how his agency would regulate the crypto market in a legislative hearing Thursday before the U.S. Senate Committee on Agriculture, Nutrition, and Forestry. He explained that his agency “facilitates customer protections through its principles-based market oversight and disclosure regime aimed at ensuring transparency, integrity, and security of transactions.”
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