Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day
Billionaire investor Mark Cuban says that assigning all authority to the CFTC “could solve” the problem of vocal crypto voters for current United States president Joe Biden.
Billionaire investor Mark Cuban has pushed for the Commodities Futures Trading Commission (CFTC) to take charge of regulating “all crypto,” along with a final plea to the U.S. Congress to offer clarity for the crypto industry before the 2024 presidential election.
Cuban believes that such clarity could potentially help secure another presidential term for Joe Biden.
“You could solve this problem for Biden by passing legislation that defines registration that is specific to the crypto industry just as other industries have registration that is defined for them,” Cuban declared to his 8.8 million followers in a May 10 post on X.
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Author: Ciaran Lyons