Coinbase proposes to the United States to create a new regulator to oversee the crypto

Despite Gensler’s assurances, the perception of crypto regulation in the United States is that it is rambling, with no federal regulator assigned to the entire industry. The SEC oversees securities and has spent years filing enforcement actions against original coin offering tokens and crypto startups accused of violating federal securities laws, while its counterpart, The Commodity Futures Trading Commission (CFTC), oversees the crypto futures markets and certain illicit activities like market manipulation. .



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