House Bill Aims to Give CFTC Authority to Regulate Crypto Exchanges, Stablecoins
The Digital Commodity Exchange Act of 2022 builds off the Commodity Exchange Act to "fill gaps" in crypto regulation not fully addressed by either the CFTC nor the SEC.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Binance Hack Shows Why Offshore Exchanges Need US Oversight, CFTC Chair Says
Michael Selig said the record $6.4 billion theft shows why offshore exchanges should register with the CFTC and adopt U.S.-grade c...
Crypto exchanges tighten security after $6.3 billion Binance hack
The Binance hack underscores the urgent need for enhanced security and collaboration in the crypto industry as it integrates with...
CFTC proposes federal registration option for leveraged crypto exchanges
The CFTC's proposal could pave the way for enhanced regulatory oversight, potentially boosting crypto market legitimacy and stabil...
CFTC and US Lawmaker Offer Two Different Answers to Binance’s $6.3B Hack
A $6.3 billion crypto heist has handed Washington a fresh regulatory fight. One federal watchdog wants exchanges to volunteer for...
Crypto exchanges urge swift security upgrades after $6B Binance breach
The Binance breach highlights the urgent need for enhanced security in crypto exchanges, potentially leading to increased regulato...
Binance Details $6.3B Hot-Wallet Breach as Exchange Pledges to Cover Losses
TL;DR: The company reported approximately $3 billion of affected assets frozen on-chain through coordination with issuers, investi...