SEC, CFTC consider new crypto reporting rule for large hedge funds

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SEC, CFTC consider new crypto reporting rule for large hedge funds
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The agencies want to learn more about the risks that cryptocurrency poses to the US economy, especially after the market crash this summer.

Hedge funds with more than $500 million of net assets would have to report cryptocurrency exposure under a new joint proposal from the SEC and CFTC.the risks cryptocurrency markets might pose to the broader economy.

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