“The bill gives the industry what it wants most: the Commodities Futures Trading Commission (CFTC) as its primary regulator, even though it exists to police markets where physical producers and purchases of commodities like corn, wheat, oil, natural gas, hogs, and cattle hedge their price risk to facilitate the delivery of everyday goods to the American people,” said Dennis Kelleher, CEO of Better Markets, a Washington-based group that often seeks to counter financial industry lobbying.
Related posts
-
Mark Cuban praises Kamala Harris for engaging with the crypto crowd
Billionaire investor Mark Cuban voiced support for Kamala Harris’ approach to the cryptocurrency industry in a... -
Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors
Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies... -
Hoskinson Claims Cardano Is ‘Still #1’ Crypto, Citing Decentralization And Upcoming Plans
Este artículo también está disponible en español. The recent Chang hard fork upgrade in September has...