Regulation
Mark Cuban urges CFTC to regulate ‘all cryptocurrencies’ ahead of US election
Billionaire investor Mark Cuban is calling for the Commodities Futures Trading Commission (CFTC) to regulate “all crypto.” The move aims to address the concerns of vocal crypto voters and potentially bolster President Joe Biden’s re-election bid. Cuba’s call for regulatory clarity emerges in a tense scenario, as SEC Chairman Gary Gensler faces criticism for his tough stance on crypto. As the US elections on November 5 approach, the role of crypto has become an important issue for voters, as recent polls indicate. In fact, the call for CFTC oversight reflects ongoing debates related to crypto regulation and its impact on the future of the industry.