A comprehensive framework for regulating cryptocurrency would be established under a modified version of
The Commodity Futures Trading Commission would oversee most popular tokens such as Bitcoin and Ether — which would generally be classified as digital commodities — and exchanges, brokers, and dealers facilitating digital commodity transactions.
The measure would exempt issuers of certain tokens from registering with the Securities and Exchange Commission, allowing them to file more limited investor disclosures than issuers of stocks and other securities. It ...