Odaily Planet Daily News: Dick Durbin, a Democratic senator from Illinois, said at a Senate Appropriations Subcommittee hearing on Thursday that after the U.S. House of Representatives passed the FIT21 bill, which will give the Commodity Futures Trading Commission (CFTC) more power and funds to regulate cryptocurrencies, some lawmakers are worried that the CFTC "bears responsibilities far beyond their capabilities." Durbin asked CFTC Chairman Rostin Behnam at the hearing: "What exactly makes you think the CFTC can enter this fast-changing, huge world and become an effective regulator?" Behnam said that there are loopholes in the regulation of "non-security commodity tokens" and that the CFTC has done a good job in taking enforcement actions against cryptocurrency entities.