CFTC Should be Crypto’s ‘Primary Cop,’ Acting Chair Says

CFTC Should be Crypto’s ‘Primary Cop,’ Acting Chair Says
The Commodity Futures Trading Commission (CFTC) is ready to be the main federal regulator for crypto, its acting head said Wednesday.Rostin Behnam, the acting chair of the CFTC, told the Senate Agriculture Committee that the commodities regulator is ready to become the primary federal regulator for digital assets, should Congress expand the agency’s remit.Behnam was testifying as part of his confirmation hearing to serve a full term as chair of the agency.“The CFTC has responsibly and aggressively been pursuing enforcement cases in the digital asset marketplace for a number of years now,” Behnam said, pointing to the agency’s recent settlements…