New $150 million CFTC war chest to end withdrawal delays and weaponize complaints against failing crypto exchanges

Senate Agriculture Committee Chair John Boozman on Jan. 21 released updated text for a crypto market structure bill and set a committee markup for Jan. 27. The draft bill, titled the “Digital Commodity Intermediaries Act,” would give the Commodity Futures Trading Commission (CFTC) a defined framework to supervise parts of the spot crypto market when The post New $150 million CFTC war chest to end withdrawal delays and weaponize complaints against failing crypto exchanges appeared first on CryptoSlate.