During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […]
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Key TakeawaysStrive reported $509 million in Q3 net income, driven largely by $533.7 million in unrealized bitcoin gains, while operating revenue totaled just $2.7 million against $38.7 million...
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