Rep Soto: Cryptocurrency Regulation Belongs to the CFTC not the SEC | BTCMANAGER

Spread the love

United States Congressman, Darren Soto (D-Fla) has reportedly said that the issue of crypto regulation should be left to the jurisdiction of the U.S Commodity Futures Trading Commission, rather than the almighty Securities and Exchange Commission (SEC), reported Cheddar on January 10, 2019.While the SEC has been actively overseeing the U.S. cryptocurrency space, hunting down projects that go against its statutes, Representative Darren Michael Soto, an American attorney and congressman, has argued that the former should leave matters concerning cryptocurrencies to the CFTC and instead, focus solely on securities regulation.

Source: Rep Soto: Cryptocurrency Regulation Belongs to the CFTC not the SEC | BTCMANAGER

Advertisements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.