Cftc committee crypto

cftc committee crypto

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New Senate Committee Plan Could Grant CFTC Primary Crypto Jurisdiction
Chairman Thompson, Ranking Member Scott and members of the Committee, thank you for the opportunity to appear before you today. This downloadable brochure provides basic information about what bitcoin is, what the CFTC's jurisdiction covers, and how virtual currencies can be a target for. The SEC's Office of Investor Education and Advocacy (OIEA) and the Commodity Futures Trading Commission's Office of Customer Education and Outreach (CFTC).
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After an active , SDF's engagement with government agencies is more critical than ever. We continue to work with our colleagues on the Senate Banking Committee and at the Securities and Exchange Commission and other financial regulators to bring greater protections to this market regardless of whether the asset is a security or a commodity. So what do we hope to accomplish? While policymakers around the globe have constructed regulatory frameworks for crypto, the focus has, almost exclusively, been in the context of centralized exchanges with regulators seeking information from siloed intermediaries the same way that information flows from banks to their regulators today. Much of the bill is dedicated to detailing how digital commodity brokers would be treated similarly to their traditional finance counterparts.

cftc committee crypto

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