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CFTC chair calls for new legislation citing spot BTC ETF related risks

Barely three weeks after the US Securities and Exchange Commission (SEC) approved all the spot Bitcoin (BTC) exchange-traded funds (ETFs), the agency’s enforcement counterpart, Commodities Futures Trading Commission (CFTC), has raised issues, citing inadvertent risks and is now calling for new federal legislation.
Gary Gensler Rostin Behnam Gary Gensler Garygensler Exchange Commission American Bar Association Commodities Futures Trading Commission

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U.S. Dollar 'Paradigm Shift'—Wall Street Giant Issues Shock $10 Trillion Warning After Bitcoin ETF Boom Sparked An Ethereum, XRP And Crypto Price Rally

Bitcoin—along with rival coins ethereum and XRP as well as dollar-pegged stablecoins—have triggered a potential "paradigm shift" that could threaten the U.S. dollar’s global dominance...
Donald Trump Morgan Stanley Federal Reserve Exchange Commission Wall Street Andrew Peel
Source: forbes.com

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