US House of Representatives submits a bill to provide $25 million in funds to crack down on digital asset market criminals

According to The Block, Florida Democrat Darren Soto on Tuesday (April 9) proposed a bill to provide the US Federal Trade Commission (FTC) with $25 million in funds to combat illegal activities in the digital asset market. By. The Act stipulates that “nothing in the Act shall supersede the rights of the Commodity Futures Trading Commission (CFTC) or prevent the digital tokens from being processed under the Commodity Trading Act.”