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Fox Reporter: U.S. CFTC Chairman Happy to Put Crypto Markets Under CFTC Jurisdiction

Fox Reporter: U.S. CFTC Chairman Happy to Put Crypto Markets Under CFTC Jurisdiction

Bitget2024/07/10 22:25

According to a post by Fox Business reporter Eleanor Terrett, U.S. Senator Roger Marshall spoke about the power struggle between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) over determining which digital assets are securities and which are commodities.Marshall asked CFTC Chairman Rostin Behnam, "Wouldn't it be simpler if we put the whole thing under the jurisdiction of the CFTC?" Behnam said, "I speak for me personally, but I would be happy to do that. I think we have the expertise and the capability." He said, "There would need to be some changes to the definitions of securities and commodities under that regime."

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