Stump cautions against ‘regulatory grab’ in bitcoin, other cash markets

CFTC Commissioner Dawn Stump, in virtual remarks at Texas A&M’s Bitcoin Conference, spoke about the need for clarity about the CFTC’s role in regulating bitcoin-based derivatives and enforcing the underlying cash markets. Stump also emphasized the agency’s role in enabling innovation in the financial markets and praised SEC Commissioner Hester Peirce’s work towards balancing investor protection with regulatory flexibility to allow room for innovation.

By Anne Sherry. Read more

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