02/07/2022
https://congress.gov...
"The CFTC needs additional authority over non-security digital assets."
"To quote Senator Gillibrand, 'Establishing a regulatory framework that spurs innovation, develops clear standards, develops appropriate jurisdictional boundaries, and protects consumers.'"
"So the innovation happens somewhere else, the value accrual and the jobs accrue somewhere else."
"However, if we fail to provide a functional framework for digital assets in this country, all we are doing is forcing this activity to happen in an offshore exchange, rather than in a nicely-innovativ..."