Ethereum

Cryptocurrency

Crown

Daily

Rostin Behnam, Chairman of the US Commodity Futures Trading Commission (CFTC), recently made a statement regarding the future of the cryptocurrency market.
He says he predicts we will witness another enforcement cycle in the crypto space in the next 6 to 24 months. According to Behnam, this is due to the lack of a regulatory framework for the cryptocurrency sector, the appreciation of assets and the renewed interest of individual investors and entrepreneurs.
Behnam also said about the sustainability of digital assets: “There is a sustainability to this asset class. It is clear that there has been growth in the last six months, despite what happened in 2022.”
Related News: <a href="https://en.bitcoinsistemi.com/ethereum-and-solanas-crown-on-the-rocks-surprise-altcoin-leads-the-daily-transaction-count-by-a-huge-leap/" target="_blank" rel="noopener noreferrer nofollow">Ethereum and Solana's Crown on the Rocks? Surprise Altcoin Leads the Daily Transaction Count by a Huge Leap</a>
On the subject of crypto legislation, Behnam explained that bipartisan discussions are currently ongoing. “Bipartisan discussions are happening … slowly but naturally, and they are still ongoing,” he said.
Although Behnam acknowledges the legitimacy of the crypto asset class, he expects further enforcement actions due to a lack of regulatory clarity. “Given the legitimacy of this asset class aside,” Behnam said he expects there to be further enforcement action due to a lack of regulatory clarity.
At the end of his words, Behnam acknowledged that the market was growing and said: “Despite what happened in 2022, we have a growing market…”
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/fresh-cryptocurrency-statements-from-cftc-chairman-rostin-behnam/" rel="noopener noreferrer nofollow">Fresh Cryptocurrency Statements from CFTC Chairman Rostin Behnam</a>

Fresh Cryptocurrency Statements from CFTC Chairman Rostin Behnam

Bitcoin Sistemi EN

Andere artikelen gepubliceerd op 6 mei 2024

John Deaton Holds 75% in Bitcoin, Faces Maximalist Criticism

Bitcoin (BTC) Survives Market Madness: A Season 2 Review of Crypto Yellowjackets

Uniswap’s (UNI) Trading Volume Skyrockets Over $150 Billion on Arbitrum: A New Milestone in Crypt...

BlockDAG (BDAG) Lands $23M in Presale, Litecoin (LTC) & Polkadot (DOT) Anticipate Price Surge: Cr...

Predicting the Apex of Bitcoin’s (BTC) Bull Market: Key Factors to Watch

Dormant Bitcoin (BTC) Whale Emerges as Coin Value Skyrockets by 17,000% Over 10 Years

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!