Overview

Click to expand overview
US Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam is set to step down in less than two weeks, and he has a message for regulators and lawmakers Hace 2 días Former CFTC chair Rostin Behnam said the crypto market will remain unregulated unless the agency he led under President Joe Biden is given greater authority. 1713 Total Rostin Behnam, chairman of the Commodities Future Trading Commission, also known as the CFTC, joins CNBC's 'Squawk Box' to discuss the need for crypto regulation in the U.S. following the Ostriker was referring to findings that a vast majority of the mass in the universe is not detectable, but consists of “dark matter.” Behnam añadió que planeaba “abogar por la CFTC” para abordar esta brecha regulatoria después de dejar la comisión en febrero. “[] la era de las criptomonedas During his tenure at the CFTC, Behnam has overseen enforcement actions against major players in the crypto market, including the now-defunct FTX exchange. As Behnam prepares to leave Rostin Behnam, the head of the Commodity Futures Trading Commission, carved out a big piece of his last public speech to talk about crypto and the need to elevate the In an interview, CFTC Chair Rostin Behnam said further delays in comprehensive regulation mean a lingering threat from booming crypto market. A top Wall

CFTC Chairman Compares Crypto to Dark Matter in Last Speech, Urging Regulation

As US Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam prepares to leave his post in less than two weeks, his final message to regulators and lawmakers is clear: the crypto market needs comprehensive regulation. In a recent public speech, and in interviews, Behnam drew a striking comparison, likening the current state of crypto to "dark matter" – a largely undetectable and potentially destabilizing force. He argued that further delays in comprehensive regulation mean a lingering threat from the booming crypto market.

The analogy to dark matter, as highlighted by CNBC\'s \'Squawk Box\' discussion featuring Rostin Behnam, chairman of the Commodities Future Trading Commission (CFTC), underscores the difficulty in fully understanding and controlling the risks associated with unregulated crypto assets. Behnam, who oversaw enforcement actions against major players in the crypto market, including the now-defunct FTX exchange, during his tenure at the CFTC, emphasized the need to elevate crypto oversight. He noted the vast majority of the risk is currently undetectable, similar to Ostriker\'s reference to findings that a vast majority of the mass in the universe is not detectable, but consists of “dark matter.”

Former CFTC chair Rostin Behnam has stated that the crypto market will remain unregulated unless the agency he led under President Joe Biden is given greater authority. Behnam added that he planned to “abogar por la CFTC” to address this regulatory gap after leaving the commission in February. His concerns echo a top Wall Street sentiment about the urgent need for clarity in the “[] la era de las criptomonedas”. He continues to advocate for the CFTC to gain more power to effectively police the crypto landscape. With 1713 Total mentions in recent coverage, Behnam\'s push for regulation has been a consistent theme throughout his leadership. His impending departure amplifies the urgency for lawmakers to act decisively and implement robust crypto regulations.

Top Sources

Related Articles