Deep Tide TechFlow News, on January 7, according to the Financial Times, CFTC Chairman Rostin Behnam will resign on January 20, the day President Donald Trump is inaugurated. Behnam is concerned that regulation of digital assets, including Bitcoin and other cryptocurrencies, remains insufficient.
Behnam stated: "There is still a significant portion of the digital asset space that is unregulated in the U.S. regulatory framework, and given the adoption we see from some traditional financial institutions and the enormous demand from retail and institutional investors for these products, it is very important to fill this gap." He mentioned that the CFTC is still "in a favorable position to become the spot regulator for digital commodity assets."