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Navigating Crypto Regulation: CFTC's Authority and Industry Perspectives
The chapter explores the nuances of a bill regarding the CFTC's authority in the crypto market, including discussions on spot commodities, agency resources, and industry support. Emphasizing long-term perspective and industry engagement, the conversation also addresses the challenges of government regulation in the crypto industry, comparing the US system to Singapore's. The evolving role of entities in crypto, the impact on token launches, and the treatment of DeFi are discussed, highlighting the complexities and attempts to regulate these areas of finance.