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crypto regulationCoinGape
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75% Informative
Senator Cynthia Lummis criticizes US SEC's crypto regulations, advocating for CFTC oversight of Bitcoin and ETH .
Lummes and Gillibrand propose changes to wash sale rules to enhance CFTC 's role in digital asset regulation.
Senator Lumm is an advocate for digital assets and says Bitcoin and Ether should fall under CFTC jurisdiction instead of the SEC .
In contrast, SEC Chair Gary Gensler has maintained that the US already has crypto regulations in place.
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VR Score
65
Informative language
58
Neutral language
62
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formal
Language
English
Language complexity
64
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Time-value
short-lived
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3
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3
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