Rostin Behnam, ex-chair of the Commodity Futures Trading Commission, stresses that the CFTC must have enhanced authority to regulate cryptocurrencies. He argues current laws prevent proper oversight, leaving a regulatory gap for digital assets classified as commodities.
Amid rising concerns regarding the Trump family’s crypto ventures, Behnam highlights that without regulatory frameworks, investors are susceptible to fraud and manipulation. He emphasizes the importance of regulatory oversight to safeguard market integrity and consumer protections.
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