CryptoIntelligence
2024-05-11 22:36:31

Mark Cuban Urges CFTC Regulation of Cryptocurrencies, Suggests Impact on 2024 Election

Billionaire investor Mark Cuban recently voiced strong opinions about the need for clearer regulatory frameworks within the cryptocurrency industry in the United States, urging the Commodity Futures Trading Commission (CFTC) to oversee all crypto-related activities. In a post directed to his 8.8 million followers on X on May 10, Cuban emphasized the urgency of legislative action prior to the 2024 presidential election, suggesting that it could influence the re-election of President Joe Biden. Cuban stated, “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

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