In the wake of the collapse of one of the world’s largest cryptocurrency exchanges, FTX, senators in the United States have doubled down on their commitment to passing legislation for the crypto industry.
Senators Call for Finalizing DCCPA
Amidst the FTX collapse, Debbie Stabenow, the U.S. Senate Agriculture Committee chair, has reiterated the importance of finalizing the Digital Commodities Consumer Protection Act 2022 (DCCPA). She tweeted;
I am working closely with Ranking Member Boozman, our Committee members, and financial regulators to finalize and prepare this legislation for a Committee vote.
— Sen. Debbie Stabenow (@SenStabenow) November 11, 2022
Senator Stabenow tweeted that the recent collapse of FTX reinforces the urgent need for “greater federal oversight” of the crypto industry. She added that she was working with Senator John Boozman to finalize the DCCPA.
Protecting the Customers
Senator Stabenow has called on Congress to act
We współpracy z: https://dailycoin.com/senators-urge-congress-to-move-forward-with-finalizing-crypto-legislation/
