CFTC Submits New Cryptocurrency Regulation Proposal for White House Review
The U.S. Commodity Futures Trading Commission (CFTC) has submitted a proposal aimed at regulating cryptocurrency asset trading and markets for review by the White House. This proposal was made in the context of the CLARITY Act, under which the CFTC was set to become the primary regulatory body for the cryptocurrency market. Information released by the Office of Management and Budget (OMB) on Friday indicates that the proposal was accepted on Thursday.
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