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US Congressional hearing on digital asset regulation focuses on disclosure

Coin Telegraph LogoCoin Telegraph4d ago

US Congressional hearing on digital asset regulation focuses on disclosure

Quick Summary

An agriculture subcommittee heard a CFTC official, a law professor, a Chainalysis cofounder and Charles Hoskinson air their views on regulation and adjacent topics.

Digital assets are defined as commodities, McGonagle said, but the SEC can determine when they are securities.

That market is now regulated by state money transmission laws, but there are multiple proposals to grant the CFC authority over it.


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Article Details

Author / Journalist: Cointelegraph By Derek Andersen

Category: Crypto

Topics: SEC Derivatives CFTC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 22:50:00

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 376 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 6530

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United States

Last Updated: 7h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Languages Covered: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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