The crypto market has come a long way since its inception and it’s been evolving. As the crypto market becomes vaster and gains huge traction, the need for it to be regulated increases. However, when it comes to regulation in the United States, there comes a question of who? Among many applicants on the list is the Commodity Futures Trading Commission (CFTC).
During a fireside chat at NYU school, today, September 29, the CFTC Chairman Rostin Behnam who has always been vocal towards crypto regulation claims that his agency should be the one that should be considered on priority. He believes that if Cryptocurrencies get regulated under the supervision of his agency, the industry will be on benefit and even Bitcoin will double its price value.