Liberty Jennja @Jennja
"Now, a Senate committee has introduced a bill that would give the Commodity Futures Trading Commission (CFTC) "exclusive" oversight over a newly-created asset class called digital commodities that includes bitcoin and ethereum while excluding other cryptocurrencies deemed securities—a tighter definition than other proposed crypto bills.

The Digital Commodities Consumer Protection Act of 2022, introduced by the Senate Agriculture Committee this week, would see the CFTC regulate spot markets for digital commodities, amending the Commodity Exchange Act without going as far as to define which cryptocurrencies are securities.

The Agriculture Committee is expected to hold a hearing on the bill as early as September"

https://www.forbes.com/sit...
12:44 PM - Aug 04, 2022
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