At the Senate nomination hearing, Brian Quintenz, the nominee for CFTC Chairman, stated that if the agency is given broader responsibilities for cryptocurrency regulation, additional resources will be needed to support it. He pointed out that according to past practice, the addition of regulatory powers usually accompanies the addition of budgets. Most members of Congress agree with this and believe that expanding functions will put higher demands on personnel and infrastructure. Currently, Congress is pushing for legislation to expand the regulatory authority of the CFTC over the cryptocurrency market. （The Block） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43799