Tag: CFTC

CFTC Chair Rostin Behnam declares 70% of crypto assets are not securities. Behnam advocates for CFTC to have complete oversight of the crypto market. A recent court ruling in Illinois supports the CFTC’s view on the classification of Bitcoin and Ethereum as commodities. The CFTC has been actively involved in regulating the crypto sector, filing 47 actions in FY 2023. Behnam stresses the urgent need for Congressional...