@uhuye
Klein told CoinDesk’s Policy Protocol that expanding CFTC authority over digital‑asset derivatives would vastly increase its mandate. He cautioned the agency lacks the data infrastructure to monitor high‑frequency, cross‑chain activity.
The debate now hinges on the Clarity Act, which would codify those powers. If passed, firms must adopt real‑time reporting and face tighter position‑limit enforcement, fundamentally altering liquidity and risk management in crypto markets.
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