CFTC sends prediction market rules to the White House for review
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🚨 The CFTC has initiated preparations for two new federal regulations for the crypto market. 📌 The agency's initial focus is not on marginal and leveraged retail trading or the spot market other than $BTC. 🗳️ The process accelerated after the Senate stalled the Clarity Act bill by failing to reach the 60-vote threshold. 📝 The CFTC will gather industry opinions for 60 days before writing the formal rules. Read More: CFTC Prepares Two New Fede…
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BizTocWSJ Op-Ed | CFTC’s New Rules for Crypto
WSJ Op-Ed | CFTC’s New Rules for Crypto Washington long debated whether crypto was the future of finance or merely a fad. Meanwhile, American entrepreneurs built, investors put their capital to work and markets evolved faster than the rules governing them. Congress considered legislation to clarify the treatment of crypto assets under federal law and regulate firms in these markets, but failed to send a bill to the president’s desk. Fortunately,…
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