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The Debate Around SBF’s Regulatory Ideas

The Breakdown

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FTX and the CFTC - Is the DCCPA a Good Idea?

The Digital Commodities Consumer Protection Act would give the CFTC much more authority to regulate the industry as a whole. Many in crypto started to shift some of that perspective when the CFTC decided to pursue legal action against Okeydow. A widely held perspective is that this was not just overreach but an attempt to, A, win some default victory by not actually targeting an actor that could defend themselves in court.

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