US Senate Committee to Release CFTC Crypto Regulation Draft
Main Idea
The Senate Agriculture Committee is drafting a bill to clarify the CFTC's jurisdiction over Bitcoin and Ethereum while keeping digital securities under the SEC's oversight, including new registration and stablecoin regulations.
Key Points
1. The Senate Agriculture Committee is preparing a draft bill to define the CFTC's role regarding Bitcoin and Ethereum.
2. Digital securities will remain under the SEC's jurisdiction.
3. The draft includes proposals for new registration requirements.
4. The bill will introduce oversight measures for stablecoins.
Description
The post US Senate Committee to Release CFTC Crypto Regulation Draft appeared first on Coinpedia Fintech News The Senate Agriculture Committee will release its draft bill on CFTC regulation of digital commodities in early September. The legislation aims to clarify regulatory authority by assigning the CFTC oversight of cryptocurrencies like Bitcoin and Ethereum while leaving digital securities under the SEC’s jurisdiction. The draft will propose new registration requirements for digital asset in...
Latest News
- Crypto Liquidations Tops $667M Led By Altcoins: Experts’ Insights on What’s Next2025-07-23 21:40:57
- Teucrium CEO Slams Gary Gensler’s ETF U-Turn, Reveals Why He’s Backing XRP2025-07-23 17:46:04
- Square Launches Compact Mobile POS Terminal Square Handy in Japan2025-07-23 17:09:34
- Ripple Price Prediction As SEC Approves And Pauses Bitwise ETF Holding XRP2025-07-23 17:08:06
- Jim Cramer Plans to Own Bitcoin and Ethereum as Hedge for His Kids2025-07-23 17:04:10