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The Latest Breaking News from CFTC

Crypto sector lobbying expenditures up a third in second quarter - Roll Call

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

Roll Call

New crypto oversight legislation arrives as industry craters

A bipartisan group of senators has proposed a bill to regulate cryptocurrencies

The Independent UK

US Watchdog Charges South African Bitcoin Club With $1.7B Fraud

The U.S.

Benzinga

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How Wall Street is driving inflation

Deregulated Wall Street traders are driving price spikes on gas and food — but Biden could shut them down easily

Salon

There's a new plan to regulate cryptocurrencies. Here's what you need to know

Two senators have unveiled a new bill with bipartisan support. But skeptics are already warning it's a step backwards and is far too crypto-friendly.

WEKU

Crypto legislation comes into focus

The one thing that crypto companies and skeptics can agree on is that more regulation is needed, especially in the U.S.

Axios

Bipartisan crypto bill outlines regulatory, tax framework - Roll Call

New legislation would treat cryptocurrency as a commodity and give the Commodity Futures Trading Commission regulatory authority.

Roll Call

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Winklevoss Twins' Crypto Exchange Gets Sued By CFTC Over Bitcoin Futures Product

The U.S. Commodity Futures Trading Commission (CFTC) is suing cryptocurrency exchange Gemini, owned by Cameron and Tyler Winklevoss, for “making false or misleading statements” to the regulator in 2017.

Benzinga

Kraft, Mondelez agree to $16 million penalty over wheat trading

The long-running case involves charges that the companies sought to manipulate prices in 2011.

Chicago Sun-Times

Why are gas prices so high? These obscure traders are partly to blame

‘Nobody with power is looking at what they’re doing,’ but they’re helping to drive searing gas prices despite increased oil production

The Guardian - US

Congress members tiptoeing into crypto raise conflict concerns

As efforts to regulate the rapidly-growing cryptocurrency market increase, some observers are raising concern about the rising number of U.S. lawmakers beginning to dabble in digital assets.

Tribune News Service

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