In what he said would be his last remarks as CFTC chair, Rostin Behnam said he intended to advocate for the commission to address regulatory challenges over digital assets.
US Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam is set to step down in less than two weeks, and he still has a message for regulators and lawmakers looking to address concerns about digital assets.
In prepared remarks for a Jan. 8 fireside chat at The Brookings Institution, Behnam said the expansion of the crypto industry into traditional financial institutions “without comprehensive regulatory guardrails” could present challenges for his successors at the CFTC.
Behnam added that he planned to “advocate for the CFTC” to address this regulatory gap after he departs the commission in February.
