CFTC Scraps ‘Outdated’ Bitcoin Guidance – What This Means for Future Regulation
The U.S. Commodity Futures Trading Commission has formally scrapped its 2020 “precise supply” steering for Bitcoin and different digital currencies and set the stage for a broader shift in how the company oversees crypto markets. Acting Chair Caroline Pham announced the withdrawal on December 11, calling the previous framework outdated and inconsistent with the market’s…
