Former CFTC Chairman suggests Congress prioritize stablecoin regulation and delay market structure legislation

ChainCatcher news, according to CoinDesk, former Chairman of the Commodity Futures Trading Commission (CFTC) Timothy Massad has urged Congress to prioritize the establishment of a stablecoin regulatory framework and to postpone discussions on cryptocurrency market structure legislation for several years. He believes that the currently proposed market structure plans may exacerbate regulatory confusion rather than provide clear guidance.