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Glenn Thompson Has Released the Digital Commodities Exchange Act to the Public
Summary: Congressman Glenn Thompson has released the Digital Commodities Exchange Act to the public. The draft bill would establish a new regulatory regime for cryptocurrency exchanges at the Commodity Futures Trading Commission(CFTC). However, the CFTC does not generally have a regulatory regime for spot commodities markets. Central to the current version of the Digital Commodities Exchange ...
Congressman Glenn Thompson has released the Digital Commodities Exchange Act to the public. The draft bill would establish a new regulatory regime for cryptocurrency exchanges at the Commodity Futures Trading Commission(CFTC).
However, the CFTC does not generally have a regulatory regime for spot commodities markets. Central to the current version of the Digital Commodities Exchange Act is both its creation of a spot regime for crypto spot markets and its delegation of the lion’s share of those authorities to the CFTC.
By Amy Liu
Tags: Bill,CFTC,Digital Commodities,Glenn Thompson
Link: Glenn Thompson Has Released the Digital Commodities Exchange Act to the Public [Copy]
