November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities

1 min read
CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities
CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as CommoditiesDuring his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […]