CFTC’s Behnam wants federal oversight of crypto markets

Proposal would make US first Western country to regulate crypto exchanges and traders

Rostin Behnam_CFTC
Rostin Behnam
Photo: John Harrington

The acting chair of the Commodity Futures Trading Commission, Rostin Behnam, has called for federal regulators to oversee spot cryptocurrency markets, a move that would make the US the only Western country to regulate the exchanges where digital assets change hands.

“If we continue to see the growth in the markets, if we continue to see retail-investor interest in these markets, then there is certainly a role for the federal government, not unlike exchange-traded futures and not unlike the

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