CFTC head appears to be like to new Congress for motion on crypto regulation

Rostin Behnam, chair of the US Commodity Futures Buying and selling Fee, or CFTC, has stated he can be persevering with efforts for the company to control non-security tokens.

In remarks launched for a Feb. 3 American Bar Affiliation occasion, Behnam pointed to “bankruptcies, failures, and runs” as a part of the justification for Congress to present the CFTC the authority to deal with regulation for cryptocurrencies. Based on the CFTC chair, the fee was “nicely positioned” to deal with any regulatory gaps however deferred to U.S. lawmakers to drag the set off on laws.

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