CFTC Moves to Establish Office for Retail Crypto Advocacy Under Clarity Act
- —Clarity Act proposes a retail investor advocacy office within the CFTC
- —Senator Lummis supports the initiative; Democrats voted against it
- —The bill would expand CFTC jurisdiction over digital commodities
Why it matters: The office would strengthen retail investor protections, but political divisions could delay the Clarity Act's passage.
Source: Coinfomania