In the next six months, the U.S. will have a law on stablecoins and a law on the supervision of cryptocurrencies, the parliamentarian is confident. Hill said Congress may give the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) expanded authority to regulate the crypto market.
“We need a legal framework for digital assets. This would keep cryptocurrency investors from losing money:
“The SEC was asleep at the switch.