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CFTC Retail Office Proposal Draws Opposition Under Clarity Act

CFTC Retail Office Proposal Draws Opposition Under Clarity Act

Photo: TokenPost

The proposed Digital Asset Market Clarity Act would create a Commodity Futures Trading Commission office dedicated to retail crypto investors, adding a consumer-focused element to legislation that could broaden the agency’s market oversight. The office would advocate for consumer protections and give individual investors a formal voice in the regulatory process. The proposal comes as lawmakers consider expanding the CFTC’s jurisdiction over significant digital-asset market activity, including markets for Bitcoin (BTC) and Ether (ETH). Democrats voted against creating the retail-investor office, raising questions about whether the legislation can attract enough bipartisan support to advance.

Source: TokenPost

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