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GET READY FOR THE MOST EXCITING REGULATORY OVERHAUL OF YOUR LIFE: Congress Introduces Bill That Will Definitely Not Ruin Your Cryptocurrency Dreams

News Sam Rogers September 16, 2024

A U.S. congressman stands confidently on a podium with a megaphone-shaped gavel, surrounded by swirling clouds of money and cryptocurrency symbols. A bridge connects two buildings labeled 'SEC' and 'CFTC', symbolizing cooperation between regulatory agencies. In the background, a globe spins rapidly as digital assets zoom out into space.

Just when you thought it was safe to go back into the crypto pool… a new bill emerges from Congress, because what we really need is more bureaucrats meddling with our precious blockchain technology. The BRIDGE Act (because who doesn’t love an acronym that sounds like a bridge?) aims to improve collaboration between the SEC and CFTC on digital asset regulations. Because clearly, having two agencies butting heads was just what we needed – now they’ll get together in a Joint Advisory Committee to create a balanced regulatory framework… or so Rep. John Rose (R-TN) claims.

Source: bitcoin.com

New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
https://news.bitcoin.com/new-bill-seeks-collaboration-between-sec-and-cftc-on-digital-assets
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset regulations. The bill proposes forming a Joint Advisory Committee to unite both agencies and private sector stakeholders to create a balanced regulatory framework. Rose criticized current enforcement practices for […]

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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