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Two Regulatory Hearings Show Difference in SEC and CFTC Approaches to Crypto

The Breakdown

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Crypto Staking

Senator cynthia lummis discussed the bill she and senator gillibrand had proposed earlier this year, specifically seeking feedback on the proposed disclosure framer. Senator stabenau framed the hearing as being about the importance of delivering the necessary federal regulatory oversight to crypto markets. C f t c chairman ruston benham was the primary witness for the hearing. He established that he had already directed his agency to begin preparing to be the major, fully funded regulator for much of the crypto market.

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