The post CFTC Chairman Rostin Behnam Steps Down Amid Calls for Increased Bitcoin Regulation Before Trump’s Inauguration appeared on BitcoinEthereumNews.com.

On January 7th, in a report by the Financial Times, it was revealed that CFTC (Commodity Futures Trading Commission) Chairman Rostin Behnam plans to resign on January 20th, coinciding with President Donald Trump’s inauguration. Behnam highlighted significant concerns regarding the current state of crypto asset regulation in the United States, emphasizing that there remain considerable portions of the market that lack oversight. He remarked, “The existing U.S. regulatory framework leaves a large segment of cryptocurrencies unregulated.” This observation comes against a backdrop of increasing participation from both institutional and retail investors, indicating a profound demand for regulation. Behnam urged that the CFTC is well-positioned to take on the mantle of primary regulator for cryptocurrency spot markets, a move considered essential to bridge the existing regulatory void. Source: https://en.coinotag.com/breakingnews/cftc-chairman-rostin-behnam-steps-down-amid-calls-for-increased-bitcoin-regulation-before-trumps-inauguration/

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Filed under: News - @ January 7, 2025 10:29 am