[US Chamber of Digital Commerce Writes to Congress, Urging Legislation to Authorize CFTC to Regulate Crypto Exchanges] On October 30, Cody Carbone, CEO of the US Chamber of Digital Commerce, wrote to Congress, citing the approximately $6.3 billion theft from Binance, urging Congress to pass legislation granting the CFTC regulatory power over US digital goods exchanges, including provisions for customer asset segregation, bankruptcy protection, and security standards. Senator Lummis stated that the Clarity Act could provide legal protection for crypto companies to freeze suspicious transactions.
