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Senate Crypto Bill Eyes Bigger Role for CFTC, Law360

June 07, 2022

The Responsible Financial Innovation Act—a long-awaited bipartisan bill—that would assign most oversight of cryptocurrencies to the US Commodity Futures Trading Commission (CFTC) was recently introduced.

Of counsel Sarah Riddell, a former CFTC lawyer, said the bill “introduces an entirely new digital-asset exchange framework.”

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