-
CFTC Chairman Rostin Behnam To Step Down In February
Tuesday, January 7, 2025 - 1:47pm | 464Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission, on Tuesday announced his resignation from his position, effective Feb. 7. Behnam’s departure marks the end of a seven-year tenure at the agency, beginning in 2017 as a commissioner and later as Chairman. He will...
-
Elizabeth Warren, Other Lawmakers Urge CFTC To Ban Political Betting Contracts
Tuesday, August 6, 2024 - 10:02am | 592A group of Democratic lawmakers, led by Senator Elizabeth Warren (D-Mass.), has called on the U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam to swiftly finalize a rule banning event contracts that allow betting on political outcomes. What Happened: In a letter sent on Monday,...
-
Elizabeth Warren Questions CFTC Chair On Frequent Interactions With Jailed FTX Founder Sam Bankman-Fried: Provide 'Full Accounting Of All Conversations'
Tuesday, April 16, 2024 - 2:43am | 701Sen. Elizabeth Warren (D-Mass.) and Sen. Chuck Grassley (R-Iowa) have called on Rostin Behnam, the chair of the U.S. Commodity Futures Trading Commission (CFTC), to divulge details of his communications with Sam Bankman-Fried, the former CEO of FTX. What Happened: Senator Warren and Grassley...
-
CFTC Chairman Rostin Behnam Signals Possible Jail Time For Binance Founder Changpeng Zhao: Here's Why
Thursday, December 14, 2023 - 4:28pm | 436Shedding light on the complexities of cryptocurrency regulation and the consequential legal actions against Binance founder Changpeng Zhao, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam on Thursday said the crypto mogul could eventually serve jail time. In an interview...
-
CFTC Chairman's Crypto Market Warning: 'We Could Be In A Position Where Another FTX-Type Event Happens'
Wednesday, November 15, 2023 - 4:36pm | 536Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam expressed concerns about the limitations of U.S. regulatory authority in preventing another major cryptocurrency market collapse similar to FTX’s downfall. Behnam's Remarks At Financial Markets Quality Conference 2023:...
-
US Lawmakers Warn Crypto Regulation Could Be Years-Long Process Despite Increased Funding
Tuesday, June 6, 2023 - 4:03pm | 666Regulatory frameworks concerning digital assets in the U.S. are unlikely to be transformed overnight, even if new bills aimed at facilitating the transition of these assets from securities to commodities are approved by Congress. During a session with the House Agriculture Committee, Rostin Behnam...
-
Bitcoin, Ethereum, Dogecoin Rise Amid CFTC Binance Lawsuit: Analyst Says Apex Crypto Under $30K Is A Gift
Tuesday, March 28, 2023 - 11:14pm | 640Major coins traded in the green on Tuesday evening as investors continued to process the implications of the Commodity Futures Trading Commission, or CFTC, lawsuit against Binance and its founder Changpeng Zhao. Cryptocurrency Gains (+/-) Price (Recorded 10 p.m. EST) Bitcoin +0.94...
-
Ethereum A Commodity Too? CFTC Chair Thinks It Should Be Added To Gary Gensler's Bitcoin-Only List
Thursday, March 9, 2023 - 2:29am | 423Rostin Behnam, the Chairman of the Commodities and Futures Trading Commission (CFTC) said that Ethereum (CRYPTO: ETH), the second-largest cryptocurrency after Bitcoin (CRYPTO: BTC), is a commodity. What Happened: Behnam testified on Wednesday before the Senate Agriculture Committee, that...