PiCK
"Rostin Behnam, Chairman of the U.S. CFTC Who Led Binance Crackdown, to Resign on the 20th"
Minseung Kang
- Rostin Behnam, Chairman of the CFTC, is reported to resign on the 20th.
- Chairman Behnam expressed concerns over the insufficiency of regulations on Bitcoin and other cryptocurrencies, leading investigations and crackdowns.
- His resignation is expected to once again highlight the need for strengthened regulation of the digital asset market.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Image = Shutterstock
Reports have emerged that Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), is set to resign on the 20th.
According to the Financial Times (FT) on the 7th, Chairman Behnam of the CFTC is expected to resign on the 20th, the first day of President-elect Donald Trump's inauguration. Previously, Behnam has raised concerns that regulations on Bitcoin (BTC) and other cryptocurrencies remain insufficient. Additionally, Behnam led the crackdown on Binance, imposing fines and causing Binance CEO Changpeng Zhao to step down.
Behnam stated, "Digital assets still have significant unregulated areas within the U.S. regulatory system, and it is important to fill this gap."
Minseung Kang
minriver@bloomingbit.ioBloomingbit reporterPiCK News
Fidelity: "Bitcoin to Continue Being Adopted as a Strategic Reserve Asset"
40 minutes ago
[Market Update] Bitcoin Decline Deepens Amid U.S. Inflation Concerns... Surrenders $95,000
1 hours ago![[Market Update] Bitcoin Decline Deepens Amid U.S. Inflation Concerns... Surrenders $95,000](https://media.bloomingbit.io/prod/news/a9b31519-89db-4c2f-adae-aae2755a905f.webp)
Arthur Hayes "US Treasury to Inject $612 Billion in Liquidity in Q1… Bullish Market Outlook"
2 hours ago
[Analysis] "Dollar Liquidity Reduction... Bitcoin Adjustment Phase"
4 hours ago![[Analysis] "Dollar Liquidity Reduction... Bitcoin Adjustment Phase"](https://media.bloomingbit.io/prod/news/f0436532-70e0-4e58-bf7d-132e9502889a.webp)
Corporations to be Allowed 'Coin Investment'... Government Considers Gradual Approval
5 hours ago
Ranking News