CFTC head looks to new Congress for action on crypto regulation By Cointelegraph
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Rostin Behnam, chairman of the United States Commodity Futures Trading Commission (CFTC), has said he will continue efforts for the agency to regulate non-security tokens.
In remarks released for a Feb. 3 American Bar Association event, Behnam pointed to “bankruptcies, failures and runs” as part of the justification for the U.S. Congress to give the CFTC the authority to address regulation for cryptocurrencies. According to Benham, the commission was “well positioned” to address regulatory gaps but deferred to U.S. lawmakers to pull the trigger on legislation.
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Rostin Behnam, chairman of the United States Commodity Futures Trading Commission (CFTC), has said he will continue efforts for the agency to regulate non-security tokens.
In remarks released for a Feb. 3 American Bar Association event, Behnam pointed to “bankruptcies, failures and runs” as part of the justification for the U.S. Congress to give the CFTC the authority to address regulation for cryptocurrencies. According to Benham, the commission was “well positioned” to address regulatory gaps but deferred to U.S. lawmakers to pull the trigger on legislation.
Continue Reading on Coin Telegraph
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