Choosing crypto's new boss
By SAM SUTTON, KATE DAVIDSON and AUBREE ELIZA WEAVER
08/03/2022 08:00 AM EDT
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The leaders of the Senate Agriculture Committee have filed their entry in the crypto bill bonanza.
With the summer recess and midterm elections looming, Chair Debbie Stabenow (D-Mich.) and Sen. John Boozman (R-Ark.) on Wednesday dropped new legislation assigning the Commodity Futures Trading Commission direct oversight of crypto markets.
The U.S. has lagged other nations in establishing rules for digital asset markets that ballooned in size during the the pandemic. The recent crash, which was accelerated by the bankruptcies of bank-like lending platforms,...
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