CFTC official outlines federal crypto exchange framework, $10 billion XRP demand projected

Michael Passalacqua, Senior Advisor and Head of the Innovation Task Force at the Commodity Futures Trading Commission (CFTC), recently outlined the agency’s efforts to establish a unified federal oversight framework for crypto exchanges. Passalacqua delivered these remarks in a video interview circulated by the crypto analyst X Finance Bull, offering insight into what potential regulatory shifts could mean for XRP holders. Passalacqua stated that the CFTC aims to introduce a single national regulatory framework, enabling crypto asset exchanges to opt into federal supervision under the agency’s oversight.

Source: CoinTurk News