Rostin Behnam, chair of the United States Commodity Futures Trading Commission (CFTC), expects regulators in the country to continue cracking down on cryptocurrency firms as long as the market attracts interest from investors. Despite challenges faced in 2022, the crypto market continues to grow and attract investors and entrepreneurs. Behnam believes that without proper regulation and transparency, fraud and manipulation will persist. U.S. lawmakers are considering legislation to bring crypto firms into the regulatory framework.
Keyword: CFTC, regulation, cryptocurrency, enforcement actions, SEC, investors, fraud, transparency
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Last edited on: May 7, 2024 at 06:42 pm