Crypto Reporter: U.S. Congress intends to give CFTC new jurisdiction over spot crypto commodity markets

Odaily Planet Daily News According to Eleanor Terrett, a crypto journalist, who posted on the X platform, Brian Quintenz supported Congress's granting of new jurisdiction to the U.S. Commodity Futures Trading Commission (CFTC) over the spot crypto commodity market in his prepared remarks at the Senate Agriculture Committee's confirmation hearing this afternoon local time. He said: "This may be the most exciting and important moment in the history of the agency - because Congress is considering granting the agency new jurisdiction over the spot crypto commodity market..." It is reported that Brian Quintenz will attend the committee meeting at 3 pm Eastern Time.