Bitcoin, ether must be regulated as a commodity by CFTC, according to new Senate bill

Bitcoin, ether must be regulated as a commodity by CFTC, according to new Senate bill

New Senate bill clarifies SEC should only oversee securities Legislation specifically names bitcoin and ether, but notes other products should fall under CFTC regulations If a group of bipartisan senators have their way, the Commodity Futures Trading Commission (CFTC) could soon be the regulator overseeing bitcoin and ether. The senses. Debbie Stabenow, D-Mich., and John …

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