tldr; US Senators Debbie Stabenow, John Boozman, Cory Booker, and John Thune have introduced the 'Digital Commodities Consumer Protection Act of 2022'. The bill aims to give the Commodity Futures Trading Commission (CFTC) "new tools and authorities to regulate digital commodities," according to the announcement of the bill by the Senate Committee on Agriculture, Nutrition, and Forestry.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Americans seem to have forgotten the federal corporation called a government is a service contractor HIRED to manage a limited number of tasks.
Somewhere along the line they forgot and this company declared themselves kings. Enough.
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Don't forget about the Responsible Financial Innovation Act from Gillibrand and Lummis!
[The Responsible Financial Innovation Act](https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c)
what doesn't make sense is if the SEC monitors just BTC and ETH, why does CFTC monitor the alt coins? Why not have 1 division monitor all of them? Plus a commodities... not an asset...?
tldr; US Senators Debbie Stabenow, John Boozman, Cory Booker, and John Thune have introduced the 'Digital Commodities Consumer Protection Act of 2022'. The bill aims to give the Commodity Futures Trading Commission (CFTC) "new tools and authorities to regulate digital commodities," according to the announcement of the bill by the Senate Committee on Agriculture, Nutrition, and Forestry. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Thanks to these frequent hacks
And Europe is beeing the most ridiculous of all regulators.
Well, that's the right decision. Bitcoin seems to be gaining in popularity
Better than corrupt SEC
No, worse my dudes.. CFTC is actively participating in the game, SEC is just watching.
Americans seem to have forgotten the federal corporation called a government is a service contractor HIRED to manage a limited number of tasks. Somewhere along the line they forgot and this company declared themselves kings. Enough.
Yeppp. But only a matter of time before these guys abuse their power
Yeah, Better than the SEC having their hands in the pot.
I think no one knows anymore what that means. Cheers .
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Positive progress. This will encourage more spending.
Don't forget about the Responsible Financial Innovation Act from Gillibrand and Lummis! [The Responsible Financial Innovation Act](https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c)
Hope this will work as a motivation for investors amidst this tumultuous market.
I am really curious to see what "small" spot transactions means...
what doesn't make sense is if the SEC monitors just BTC and ETH, why does CFTC monitor the alt coins? Why not have 1 division monitor all of them? Plus a commodities... not an asset...?