CFTC Chair Resigns As Crypto Regulation Takes Center Stage In New Trump Administration

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Bitcoinist 2w ago

CFTC Chair Resigns As Crypto Regulation Takes Center Stage In New Trump Administration - Bitcoinist

Quick Summary:

In a potentially major turn for crypto regulation in the US, Rostin Behnam, the Chairman of the US Commodity Futures Trading Commission (CFTC), has revealed his resignation, effective January 20, with his exit from the commission scheduled for February 7.

Behnam remarked in an October interview that the CFTC has been “stretched thin” as it adapts to these changes.

This sentiment underscores the growing acknowledgment of cryptocurrency’s permanence in the financial landscape and the need for a comprehensive regulatory framework.