In remarks released for a Feb. 3 American Bar Association event, Behnam pointed to “bankruptcies, failures, and runs” as part of the justification for Congress to give the CFTC the authority to address regulation for cryptocurrencies. According to the CFTC chair, the commission was “well positioned” to address any regulatory gaps but deferred to U.S. lawmakers to pull the trigger on legislation.
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Source: Cryptocurrency - investing.com