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Bitcoinist 2023-03-09 09:50:24

CFTC Re-Asserts That Stablecoins Remain Under Its Jurisdiction

The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has once again reaffirmed the agency’s position that stablecoins should be classified as commodities and placed under its jurisdiction. At a Senate Agricultural Committee meeting on Wednesday, March 8, the CFTC’s boss re-emphasized this stance while responding to a question raised by New York

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