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U.S. Senator Cory Booker: Nearly Half of CFTC Enforcement Cases Related to Cryptocurrencies

U.S. Senator Cory Booker: Nearly Half of CFTC Enforcement Cases Related to Cryptocurrencies

Bitget2024/07/10 16:27

U.S. Senator Cory Booker reportedly noted that nearly half of the CFTC's enforcement cases are related to cryptocurrencies, which is an "extraordinary" percentage. In response, CFTC Chairman Rostin Behnam replied that the CFTC's need to regulate a market over which it has no jurisdiction and which it does not have access to capital is a huge challenge for the agency and puts both markets at risk.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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