According to the Daily Planet, CFTC Chairman Behnam said in a podcast this week that measures need to be taken in the form of congressional legislation to regulate the crypto industry. Behnam said: "The market needs some kind of regulatory framework. It is conceivable that if there is a clear regulatory framework, institutional demand may increase." Behnam said, "But for me, we consider the participation of retail investors and our law enforcement record over the past decade. I think this is sufficient evidence to show that something needs to be done."