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Bipartisan bill to give CFTC authority over exchanges and stablecoins -Breaking

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A bipartisan bill will give the CFTC jurisdiction over stablecoins and exchanges

Washington, D.C. – A bipartisan group introduced a revised bill Thursday that regulates cryptocurrency developers, traders, exchanges, stablecoin providers, and brought them under regulatory control by the United States Commodity Futures Trading Commission.

It Digital Commodity Trading Act2022DCEA) was re-introduced to Congress by Republican Representatives Glenn Thompson and Tom Emmer with support from Democrat co-sponsors Darren Soto and Ro Khanna.

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