#YahooFinance #Crypto #Cryptoregulation #bitcoin
Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) have proposed a bill – named the Responsible Financial Innovation Act – which aims to create clarity for regulators and business owners alike in the area of cryptocurrencies.
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13 Comments
How is this only going forward now? I have been saying this since the start. Folow Howey, you will find 99% of the assets are commodities. However, there are some "platform" tokens, which basically need a new body within the CFTC to be regulated in more detail IMO.
Too bad the CFTC doesn’t stop the Silver manipulation…
Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.
I pray to God to set everything right now 🙏
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Iam not a big crypto person but I get it. Inflation was over 8% again this month. The idea that we want something outside the system terrifies them because they lose power.
Hm… I still think the magnitude of difference in scale, w crypto being so much more in the consumer retail space, is a big ideological and practical shift for that agency. None of the three agencies are any good in consumer protection, let's be honest. To be fair, they are also not given the chance to do better by congress who strangle their budgets, or by the admins who appoint industry insiders. I digress…
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Crypto is not a currency, nor a commodity, definetly not a ASSET!!!!! It is a perfect ponzi scheme. CryptoPonzi new speculative category.
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Regulaion cannot save crypto. It has no utility. Its Dutch tulips.
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