Bringing crypto market ‘into the light’ doesn’t address enforcement: CFTC chair
"Bringing this market into the light so to speak with more transparency will only allow us to see what’s going on underneath the hood," said Rostin Behnam.
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"Bringing this market into the light so to speak with more transparency will only allow us to see what’s going on underneath the hood," said Rostin Behnam.
Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts.
Many in the crypto and blockchain space referred to Giancarlo as “Crypto Dad” for his role in supporting digital assets during his five years at the CFTC.
Giancarlo has been a vocal supporter of cryptocurrencies and CBDCs and has called for a “do no harm approach” to blockchain regulation.
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer…
This week in crypto regulation was marked by officials expressing contradictory views on how to approach digital assets.
At his October confirmation hearing, Rostin Behnam said it was "critically important to have a primary cop on the beat" of an emerging market that included cryptocurrencies and stablecoins.
A commissioner with the Commodity Futures Trading Commission (CFTC), Dawn Stump, has voiced concerns about cryptocurrency regulation through enforcement — the approach taken by both the CFTC and the U.S.…