Cryptocurrency reporter Eleanor Terrett: The U.S. Congress plans to grant the CFTC new jurisdiction over the spot cryptocurrency market

ChainCatcher news, according to crypto journalist Eleanor Terrett's post on the X platform, Brian Quintenz will deliver a prepared statement in support of Congress granting the Commodity Futures Trading Commission (CFTC) new jurisdiction over the spot cryptocurrency market at the Senate Agriculture Committee's confirmation hearing today afternoon local time. He stated, "This could be the most exciting and significant moment in the agency's history—because Congress is considering granting the agency new jurisdiction over the spot cryptocurrency market…" It is reported that Brian Quintenz will attend the committee meeting at 3 PM Eastern Time.