Additionally, in May Bankman-Fried and his government relations and policy team made a stop in Washington, D.C., to speak with Biden administration officials. The visit came at a time when U.S. lawmakers are considering bills that would clarify whether the CFTC or the Securities and Exchange Commission (SEC) should act as the crypto industry’s primary federal market regulator.
Source: https://www.coindesk.com/business/2022/09/01/ftxus-derivatives-deepens-board-with-addition-of-ex-cftc-commissioner/?utm_medium=referral&utm_source=rss&utm_campaign=headlines