New US bill will oblige the SEC and CFTC to define powers to regulate cryptocurrencies
The US House of Representatives has included cryptocurrency in a version of its annual defense budget bill. According to the document, the SEC and CFTC must determine who will regulate the industry. The National Defense Authority Act, passed by the US House of Representatives, which sets out guidelines for defense policy and allocates costs within the priorities of the US military, includes a provision from the Remove Barriers to Innovation Act. The defense budget law…
