MrMoney
News
News
Oct 22, 2024
CFTC: Lack of Regulation Slows down the Crypto Industry

Rostin Benam, head of the Commodity Futures Trading Commission (CFTC), said that the agency is "constrained" by the lack of clear laws to regulate crypto markets in the United States. He expressed hope that the new composition of the Congress and the president will speed up the process of passing legislation. So far, the lack of laws leaves crypto investors vulnerable and institutional money out of the market.