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The State of Crypto in 3 Themes

The Breakdown

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The CFTC Is Expanding Its Oversight of the Cryptocurrency Industry

The c f t c is expanding its oversight of the crypto industry by transforming its long running fin tech team into a new full office with its own director. The lummis gillibrand responsible financial innovation act gives explicit authorization to the c fT c around most crypto assets. In the absence of new congressional authorization, the c f T c will be ute thinking create ly about how to address problems in the industry.

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