WASHINGTON—U.S. regulators plan to ask Congress to consider imposing stricter federal oversight on trading of bitcoin and other cryptocurrencies, as market cops amplify alarms about an asset that is largely exempt from investor-protection laws. The chairmen of the Securities and Exchange Commission and the Commodity Futures Trading Commission plan to testify Tuesday that cryptocurrency trading has outgrown the state-based regulation that covers many platforms. The aggressive tone adds to headwinds that bitcoin faces, including...

Source: Wall Street Journal February 06, 2018 10:30 UTC