U.S. CFTC Chairman: A wave of cryptocurrency enforcement actions will occur in the next six months to two years

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Cointime2024/05/07 00:25

By:Cointime

As reported by The Block, Rostin Behnam, the Chairman of the US Commodity Futures Trading Commission (CFTC), said during a chat at the 27th Annual Milken Institute Global Conference that he expects the next "enforcement cycle" to occur within the next six months to two years.Behnam said: "From my regulatory perspective, we may see another enforcement cycle in the next six to eighteen or twenty-four months, because of this cycle of asset appreciation and retail investor interest. Without a regulatory framework, without transparency, without the tools that we as regulators typically use, you will continue to see this fraud and manipulation."

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