CFTC chair says agency is ‘handcuffed’ as crypto regulations stall: Report

CFTC Chair Rostin Behnam hopes a new Congress and president can accelerate crypto regulations. 

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Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has reportedly claimed the agency is “handcuffed” as crypto regulation talks stall in the United States. 

Efforts to adopt a legislative framework regulating the digital asset industry have “stalled out so far,” claimed the CFTC chair at the Securities Industry and Financial Markets Association (SIFMA) annual meeting in New York on Oct. 21.

However, he remained confident that a new Congress and president could make more progress. 

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