U.S. CFTC Chief Rostin Benham’s Last Words to Crypto: Protect the Investors
Though U.S. Commodity Futures Trading Commission chief Rostin Behnam never managed to make it happen, the derivatives watchdog is likely to one day play a more prominent role in overseeing cryptocurrency trading, something he will “continue to advocate” for after he’s gone.
Behnam, who will step down on January 20 to make way for President-elect Donald Trump’s future appointee, said crypto “dominated every season of my tenure,” according to what will be his last public remarks as chairman delivered on Wednesday at the Brookings Institution.
“Concerns regarding customer protections, increasing instances of fraud and market abuse, broader market resiliency, and even financial stability are intensifying in the absence of federal…
