Somewhat ironically, Shapiro and Palley’s criticisms seem to line up with Maxine Waters (D-CA), the ranking Democrat on the House Financial Services Committee, who said it was the one of the worst bills she’s ever seen. In addition to potentially stretching the resources of the CFTC, which only has around 700 employees compared to the SEC’s 4,500, it may also undermine other legislative efforts – like the stablecoin bill Waters worked on alongside House Financial Services Chair Patrick McHenry (R-NC).
Julian Assange Reaches Plea Deal With U.S. DoJ
As CoinDesk reported at the time, Assange said that Wikileaks initially refrained from accepting bitcoin to avoid drawing government scrutiny...