US Lawmakers Consider CFTC Amendments to Crypto Legislation

US senators are exploring amendments to the crypto market structure bill, addressing concerns about the CFTC's current composition and functionality.

US senators are set to deliberate on potential amendments to the legislation governing the structure of the cryptocurrency market, with a particular focus on the Commodity Futures Trading Commission (CFTC). At present, the financial regulatory body is functioning with only one commissioner who has received Senate confirmation, raising significant concerns among lawmakers regarding the CFTC's operational balance and overall effectiveness.