CoinVoice recently learned that, according to the Financial Times, CFTC Chairman Rostin Behnam will step down on January 20, the day of President Donald Trump's inauguration.
Behnam is concerned that regulation of digital assets, including Bitcoin and other cryptocurrencies, remains insufficient. Behnam stated: 'In the U.S. regulatory framework, there is still a significant portion of the digital asset space that is unregulated, and given the adoption we see from some traditional financial institutions and the immense demand from retail and institutional investors for these products, it is crucial that we fill this gap.'
He stated that the CFTC is still 'well positioned to become the spot regulator for digital commodity assets.' The chairman, who has close ties and supporters in Congress, vowed to use his influence to continue advocating for the agency to play this role. [Original link]