President Barack Obama is set to seek a $280 million budget for the U.S. Commodity Futures Trading Commission (CFTC) that, while more than the commission currently gets, is lower than his previous request for an agency that has said it lacks the resources to fully oversee markets, according to people with knowledge of the matter.
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“Owning virtual currencies is very risky and inherently speculative.”
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
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