🏛️ CFTC Chair: Commodity Exchange Act is suitable for regulating Bitcoin

CFTC Chair Rostin Selg stated that the current Commodity Exchange Act provides an adequate framework for overseeing Bitcoin as a commodity. This approach suggests that the agency may rely on existing legislation rather than requiring new laws to regulate the cryptocurrency market.

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📊 Impact: 📈 High
🏷️ REGULATION

#CFTC #Regulation #Bitcoin #CommodityExchangeAct #Crypto

📰 Source: cryptobriefing.com