CFTC Prepares to Step Up Oversight of Crypto Market – Says Many Digital Assets Can Be Considered Commodities
The Commodity Futures Trading Commission has shared its plans with Congress to regulate the cryptocurrency market with "full supervision capabilities" if the Digital Commodities Consumer Protection Act is passed. According to the regulator, they have the necessary experience and expertise. They believe that many digital assets are commodities. However, Gary Gensler, the Chairman of the […]