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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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