According to a recent report from the Commodity Futures Trading Commission hedge funds and other money managers held about 14...
Testifying before the Senate Banking Committee, the heads of the SEC and CFTC said they are keeping an eye on the market but might need help from Congress; “We should all come together, the federal banking regulators, CFTC, the SEC — there are states involved as well — and have a coordinated plan for dealing with virtual currency trading markets,” SEC Chairman Jay Clayton as reported by American Banker; CFTC Chairman Christopher Giancarlo said the technology behind cryptocurrencies should be considered differently that the currencies themselves; they also noted they are talking with global counterparts to learn their views on the market. Source.
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