FTX founder Sam Bankman-Fried (SBF) stated that general Crypto commerce cannot function without peer-to-peer data transfer and free presumption.
It is reported that Debbie Stabenow, chairman of the U.S. Senate Agriculture Committee, and John Boozman, a Republican of Arkansas, have submitted a bipartisan bill to the U.S. Senate to protect consumers of digital goods.
The aim is to define bitcoin and ethereum as a new classification of so-called digital commodities that are not securities, and to give the U.S. Commodity Futures Trading Commission (CFTC) the power to regulate both.
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