The CFTC chair’s latest remarks are pretty interesting. In response to the Binance hack, he wants to create a voluntary federal registration pathway.
Put simply, the idea is for crypto exchanges to register directly with the CFTC, giving the market protections similar to those in the U.S. derivatives market.
Congress hasn’t passed any legislation yet, but the CFTC seems intent on taking the first step itself to see if it can bring some order to regulation.
$BTC
$ETH
#SecurityIncident
Put simply, the idea is for crypto exchanges to register directly with the CFTC, giving the market protections similar to those in the U.S. derivatives market.
Congress hasn’t passed any legislation yet, but the CFTC seems intent on taking the first step itself to see if it can bring some order to regulation.
$BTC
$ETH
#SecurityIncident
