The final message from the CFTC chairman includes a call for measures to protect cryptocurrency

In his final speech as chairman of the CFTC, Rostin Behnam stated his intention to advocate for the committee to address regulatory challenges surrounding digital assets.

Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Rostin Behnam will resign in less than two weeks, and he still has a message for regulators and lawmakers seeking to address concerns about digital assets.

In a speech prepared for the fireside chat on January 8 at the Brookings Institution, Behnam noted that the expansion of the cryptocurrency industry into traditional financial institutions "without comprehensive regulatory safeguards" could pose challenges for his successors at the CFTC.

Behnam added that he intends to "support the CFTC" in addressing this legal gap after he leaves the commission in February.

"[...] the cryptocurrency era has highlighted the need for our rulebook to address the current direction of the derivatives industry," Behnam said. "As more entities seek to escape traditional and familiar models, which have evolved over decades and withstood numerous shocks, towards structures that combine unique activities around increasingly novel products, new questions arise." #CFTC $BTC