The U.S. Senate Agriculture Committee Releases Crypto Regulation Draft: Expands CFTC Authority but Controversy Remains
Jinse Finance reported that the U.S. Senate Agriculture Committee has released a draft of crypto regulation, proposing to expand CFTC authority and establish a crypto fee mechanism, though several issues remain unresolved. Democratic Senator Booker warned that the CFTC lacks sufficient resources, and some provisions involve conflicts of interest related to the Trump family's activities in the crypto sector. Industry insiders describe this move as a positive step toward regulatory clarity.
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