SEC boss worries crypto bill undermines financial protections
A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”
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 CointelegraphRelated market context
Bitcoin’s Rebound Drove Most of Tether’s $3.8 Billion Reserve Recovery
Tether held $7.95 billion more in reserves than it owed USDT holders on Sept. 30, up about $3.85 billion from the end of June, the...
Binance hackers deploy never-seen-before laundering tactics to conceal $6.3 billion theft
Hackers behind Binance's $6.3 billion breach are using previously unseen laundering tactics while rapidly converting stolen assets...
Blockchain Firms Link North Korea to $6.3 Billion Binance Hack
Bitcoin Magazine Blockchain Firms Link North Korea to $6.3 Billion Binance Hack Blockchain analysis firms Chainalysis and TRM Labs...
Strategy Sold 5,552 Bitcoin and Bought 7,218 in Q3 as a $20.9 Billion Markup Drove Profit
Strategy reported $20.91 billion of operating income for the third quarter on Thursday, all of it from a $20.91 billion gain on di...
Binance Pegs Hot-Wallet Losses at $6.3 Billion, Vows to Cover Them as TRM Points to North Korea
Binance now estimates the total impact of Thursday’s drain of its hot wallets at about $6.3 billion, well above the roughly $3.5 b...
Binance breach triggers $1.57 billion liquidation cascade as longs unwind
Crypto liquidations surged fourfold to $1.57 billion after a suspected $6.3 billion Binance hack. Bitcoin slid to $76,400 as longs...