US Senators are advancing the Digital Goods Consumer Protection Act, supported by SBF

链捕手ChainCatcher · 2022-11-11T02:55:03.000Z

According to ChainCatcher news, Arkansas Republican John Boozman issued a statement promising to continue to advance the Digital Goods Consumer Protection Act, and U.S. Senate Agriculture Committee Chairman Debbie Stabenow also stated that he will continue to work with him to advance the bill. It is reported that FTX CEO Samuel Bankman-Fried (SBF) has been known as the strongest industry supporter of the "Digital Commodity Consumer Protection Act", which will grant the U.S. Commodity Futures Trading Commission (Commodity Futures Trading Commission) the right to encrypt More power for currency markets and exchanges.

According to ChainCatcher, John Boozman, a Republican from Arkansas, issued a statement promising to continue to advance the Digital Goods Consumer Protection Act. Debbie Stabenow, chairwoman of the U.S. Senate Agriculture Committee, also said she would continue to work with him to advance the bill.
FTX CEO Samuel Bankman-Fried (SBF) has been called the strongest industry supporter of the Digital Commodity Consumer Protection Act, which would give the U.S. Commodity Futures Trading Commission more power over cryptocurrency markets and exchanges.
As previously reported, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), said that SBF’s role in promoting the Digital Commodity Consumer Protection Act, which is currently being considered by the Senate Agriculture Committee, undermined the authority of the SEC. (Source link)