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0 sats \ 0 replies \ @Cje95 OP 21 May \ parent \ on: US lawmaker addresses House before FIT21 vote: Bill ‘will stop another FTX’ bitcoin
Further Water's Wild Comments
- Republicans decided to ruin her stablecoin bill
- The FIT21 Act that is before them isn't what they passed out of the Committee
- There is no way that the CFTC would have the same authority as the SEC (plot twist I know that doesn't matter because guess what a commodity isn't a security)
- The CFTC is to small and doesn't have enough funding to execute this ( the bill has the full funding that the head of the CFTC asked for if given this power)
- This legislation is going to cause more fentanyl to kill Americans (I summarized this one but her comment was wild and disconnected as one would expect)