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US Bill Proposes CFTC to Regulate Crypto Exchanges

US Bill Proposes CFTC to Regulate Crypto Exchanges | Finance Magnates

A new United States draft bill has proposed a single framework to oversee the cryptocurrency exchanges in the country, making the Commodity Futures Trading Commission (CFTC) their regulator. Dubbed the Digital Commodity Exchange Act of 2020, the bill was introduced on Thursday by Representative, Michael Conaway (R-Texas), a ranking member of the House Committee on Agriculture.







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