CFTC Boss Recognizes Many Crypto Tokens as Commodities

2023-12-13 19:03

CFTC Chair Russ Behnam confirms on CNBC that many crypto tokens are commodities

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CFTC Chair Calls for ‘Expanding’ the Agency’s Authority as ‘Nearly 60%’ of Crypto Are Commodities

Rostin Behnam, the nominee to lead the Commodity Futures Trading Commission (CFTC), wants the agency to have greater authority over the crypto market and be the “primary cop on the beat.” The CFTC is currently overseeing derivatives, but the Biden administration’s pick to head the CFTC said the explosive growth of digital tokens means their […] The post CFTC Chair Calls for ‘Expanding’ the Agency’s Authority as ‘Nearly 60%’ of Crypto Are Commodities first appeared on BitcoinExchangeGuide.

2021-10-28 20:36