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CFTC Commissioner Johnson defends agency approach to FTX, crypto

2022/11/17 17:10

According to The Kristin Johnson, a commissioner at the Commodities Futures Trading Commission, defended the agency's approach to digital asset regulation in the wake of FTX's collapse, saying the agency lacked authority to fully supervise the crypto industry.‘’CFTC lacks spot market jurisdiction for digital assets, plainly stated,’’ she told a City and Financial Global crypto policy conference in London.One part of the FTX group that the CFTC did oversee, a crypto derivatives platform called LedgerX, had not been included in the bankruptcy filing, Johnson noted.
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