Trump eyes handing CFTC oversight of crypto: Report
Donald Trump’s team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.
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Donald Trump’s team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.
The newly created Department of Government Efficiency will work to cut “waste and fraud” from $6.5 trillion in US government spending.
In addition to raising the withholding tax on Bitcoin capital gains to 42%, Italy also plans to remove the 750,000 euro web tax threshold.
Bitcoin’s perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience.
