“Given the size, the scope and the scale of this emerging market, how its interfacing and affecting customers, retail customers, and then with the scale of the growth being so rapid, potential financial stability risks in the future, I think it’s critically important to have a primary cop on the beat and certainly the CFTC is prepared to do that if this committee so wishes,” … [Read more...] about CFTC Should Be Crypto’s ‘Primary Cop,’ Acting Chairman Says
Acting
CFTC Acting Chair: ‘Nearly 60%’ of Cryptos Are Commodities
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW does an extended brief, covering:The CFTC Chair arguing for more power to regulate cryptoComments from the FDIC chair saying that banks need to be allowed to participate in crypto marketsThe latest CBDC efforts from Europe and NigeriaBakkt hooks up with MastercardA bitcoin ETF news roundupRobinhood … [Read more...] about CFTC Acting Chair: ‘Nearly 60%’ of Cryptos Are Commodities