SENATE BILL DROPS: CFTC TAKES SPOT MARKET CONTROL!
This is NOT a drill. A discussion draft of the "Digital Commodity Exchange Act" has landed. The Senate Agriculture Committee is pushing for exclusive CFTC authority over the spot crypto market. Exchanges, traders, brokers – THIS IS HUGE. A hearing is set for January 27th. Amendments WILL be proposed. This is the regulatory framework we've been waiting for, moving fast. Get ready.
Disclaimer: This is not financial advice.