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Here’s what the bipartisan crypto bill has in store for the CFTC, bitcoin and ether
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A long awaited bipartisan framework for US federal oversight of cryptocurrencies was unveiled on 7 June, and if passed by the US Congress, would mark a major milestone for a digital asset industry that has spent years lobbying for legislation to bring regulatory clarity to the space.
The bill, crafted by Republican Senator Cynthia Lummis of Wyoming and Democratic Senator Kirsten Gillibrand of New York would grant oversight of the most popular cryptocurrencies, like bitcoin and ether, to the Commodity Futures Trading Commission.
Read more on fnlondon.comAbout this in other media
Crypto Week at a Glance: Portfolios deep in red as Bitcoin plunges below $18,000 economictimes.indiatimes.com /1 year ago
Bitcoin value slumps below $20,000 in cryptocurrencies turmoil theguardian.com /1 year ago
Bitcoin price falls below $20K for first time since 2020 cointelegraph.com /1 year ago
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