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The U.S. Commodity Futures Trading Commission (CFTC) claims that between 70% and 80% of all cryptocurrencies are not securities but… The post CFTC Chair Says 80% of All Cryptos are Commodities, Not Securities first appeared on The Crypto Basic .
Paul Grewal reiterated that the “U.S. is falling behind” and is at risk of driving jobs, innovation and investment overseas.
Lawmakers began to lay out areas of overlapping interest in crafting new rules for crypto and other digital assets, but significant differences in what that should look like remain.
The House Agriculture and Financial Services Committees are going public with their collaboration to craft new guardrails around digital asset markets.