Better Markets Says CFTC Is Wrong Regulator for Retail Crypto Trading
- —Better Markets says the CFTC lacks an investor-protection mandate, unlike the SEC
- —The CFTC opened public comment on retail crypto margin rules on Monday
- —Schiffrin slammed CFTC chair Selig's goal of making the US the crypto capital
- —NovaDius countered that the industry just wants clear rules, which the CFTC and SEC must deliver
Why it matters: The outcome will decide who regulates US retail crypto trading after the CLARITY Act stalled in Congress.
Source: CryptoHamster