Wu Blockchain (@WuBlockchain): According to Fox Business News, the incoming Trump administration plans to expand the authority of the CFTC to regulate the $3 trillion digital asset…
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According to Fox Business News, the incoming Trump administration plans to expand the authority of the CFTC to regulate the $3 trillion digital asset market. This move aims to reduce the SEC’s jurisdiction over certain aspects of the crypto industry and empower the CFTC to oversee BTC, ETH, and other digital assets classified as commodities, along with their spot markets. foxbusiness.com/markets/trump-…