Could Bitcoin ‘Double in Price’ Under CFTC Regulation

The crypto business might gain a lot from CFTC-led regulation, which could even raise the price of bitcoin.

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Behnam has constantly advocated that market players require clear regulations.

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Behnam said that a clear regulatory framework may open the door for institutional investors to enter the industry.

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The US SEC and the CFTC have fought over who should be the industry's primary regulator for years.

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Now, a bipartisan bill is introduced to end the controversy.

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The legislation empowers the agency’s authority to oversee crypto spot markets

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And crypto trading firms must to register with the CFTC (Commodity Futures Trading Commission)

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