CFTC chairman claims the agency is ‘ready’ for the possibility of regulating crypto #togrp7

One of these agencies is the United States Commodity Futures Trading Commission (CFTC), whose chairman Rostin Benham commented on the possibility of CFTC taking on crypto regulations in the future, stating it was fully prepared for it, South Dakota Public Broadcasting (SDPB) Radio reported on August 10. Behnam made these remarks at a joint meeting of the South Dakota Corn Utilization.

The chairman’s comments referred to the U.S. Senate committee’s plans to propose a bill that would place digital assets like Bitcoin (BTC) and Ethereum (ETH) under the jurisdiction of the commodities regulator with an aim to increase transaction transparency and protect market participants. Earlier, Benham noted the increasing interest of Americans in digital assets, voicing his prediction that they might soon become integral to mainstream financial portfolios in the country.#togrp7

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