✉news BusinessRetail first seen 7 h ago, last 7 h ago, peak #35
Better Markets says CFTC wrong agency for retail crypto
Original: Better Markets says CFTC is ‘wrong agency’ to regulate retail crypto
The nonprofit group Better Markets argues the Commodity Futures Trading Commission is the wrong agency to regulate retail cryptocurrency trading, pushing back against efforts to expand the CFTC's oversight of digital assets. The group contends the agency lacks the mandate and resources to protect everyday investors, a claim likely to feed the ongoing debate in Washington over which regulator should police the crypto market.
Why now: Lawmakers are actively debating crypto market-structure legislation that could hand the CFTC a bigger role, prompting opposition from investor-protection advocates.
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