Zeng praises the crypto industry for its capabilities! Rostin Behnam becomes the new President of Justice.
Today, the US Senate approved Rosin Behnam, a member of the Commonwealth of Independent Trade (CFTC), as president. since January of this year.
President Rostin Benam
In a vote on the evening of 12/15, Rostin Behnam, member of the CFTC since 2017, confirmed that he was the leader of the CFTC and that his term extends until 6. 19.2026.
Look at crypto assets
Led by former president Christopher Giancarlo, Rostin Behnam once again praised the advantages of digital and their transformative potential. At the 2018 regulatory summit, Behnam believes that cryptocurrencies will become an integral part of the national or regional economy. However, he also noted that “assuming the benefits of digital continue, the impact on regulators will be limited. These assets do not come from a single financial institution, usually governments, banks, investors or international organizations.
Additionally, similar to the recent behavior of Gary Gensler, director of the US Securities and Exchange Commission (SEC), Behnam has continued to publicly call on the CFTC to expand its system of oversight of the digital industry.
He noted that the CFTC is still working on similar cases in the cryptocurrency arena, including a $ 100 million lawsuit against the BitMEX exchange and a $ 42.5 million fine from Bitfinex, and the CFTC has an inspection of 24 exams.
This is just the tip of the iceberg. The digital asset market has reached $ 2.7 trillion, of which 60% is commercial assets. It is important to have a serious police officer on this issue.
To date, the main regulators holding digital assets in the United States are the Securities and Exchange Commission (SEC) and the Futures Exchange (CFTC). Many Ways to Unite Now Behnam has decided that time is running out. In 2026, this could have a major impact on the future development of the crypto industry.
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