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 […]
Source link
Key TakeawaysLawmakers introduced a bipartisan bill targeting crypto ATM fraud after reported losses topped $333 million.Older Americans faced most known-age losses, making senior protections central to the proposal.Operators...
Read more





