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The American crypto market will remain mainly unregulated Unless the Congress enters into giving an agency more power, according to the former CFTC President Rostin Behnam.
Behnam explained during an interview Bloomberg TV 28. May that digital property, like bitcoin
Btc
Eth
2.671,77 USD
They are considered a slave according to the current law, which puts them beyond the jurisdiction of the Securities and Exchange Commission.
At the same time, Commission for Trading of the Computer Future (CFTC)what he once led, has only authority over derivatives, not regularly by buying and selling this property.
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Behnam explained that this gap means No agency has complete control over the core of cryptocurrencies. If the legislators allow CFTC to supervise “cash markets” for digital assets that are not value papers, the industry will continue to work in space with a little direct regulation.
Behnam also answered Notes given by Vice President JD Vance At the Bitcoin 2025 conference, Vance told the participants that we “reject the regulators” and said that the White House supported the cryptocurrency.
However, Behnam claimed that Financial regulators play a key role in maintaining fair and reliable markets. He said:
Consumer protection and law enforcement are extremely critical for the health of our financial markets.
On May 19, Caroline Crenshaw, the only Democrat who currently works on DIC, has caused concern about the shift agency in the Kripto surveillance approach. What did she say? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
