[ad_1] A new bill classifying bitcoin as a digital commodity could be introduced today. This move would empower the current watchdog of derivatives and future markets, the CFTC, to gain regulatory jurisdiction over bitcoin. The bill seeks to expand on previous definitions in the bitcoin ecosystem while also excluding securities from being digital commodities. Leaders […]
Tag Archives: CFTC
09
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Jun
[ad_1] Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam seemingly wants to leverage its probable future position as watchdog of the Bitcoin market to encourage a reduction of the peer-to-peer (P2P) currency’s energy use and incentivize consumers to find less energy-intensive alternatives. The regulating agency will oversee Bitcoin if the Lummis-Gillibrand landmark legislation gets approved. […]