The US Risk Watchdog has asked Congress to appoint a cryptocurrency spot market regulator.
The US Risk Watchdog has asked Congress to appoint a cryptocurrency spot market regulator. In response to President Joe Biden’s executive order, the Treasury-led FSOC has called for greater regulatory reach into markets, crypto firms’ affiliates, and outside service providers. In a report that was unanimously approved by the Financial Stability Oversight Council (FSOC) on …