Cryptocurrencies With the increase in its popularity, its use in our daily life has also started to increase.
With the increased use of cryptocurrencies, the need for greater regulatory clarity has arisen in this area.
While some countries are taking steps in this regard, in the USA It remains unclear which institution will regulate cryptocurrencies.
Cryptocurrency regulations Speaking to Bloomberg about Commodity Futures Trading Commission (CFTC) head Rostin BehnamUnless there is a clear and unequivocal decision from the Congress cryptocurrencies He said they will take the necessary steps in this regard.
“If Congress does not pass the bill that is currently in the legislature, we as the CFTC will take action on cryptocurrency regulations.
In this context, it is our responsibility to find solutions and take steps as much as we can within our authority, unless a clear and clear instruction comes from the congress on crypto money regulations.”
Pointing out that crypto companies are looking for clarity on regulations, Behnam said that most companies to CFTC He stated that he has made a request to take a role in cryptocurrency regulations.
If Congress doesn’t step in on crypto regulations and draw clear jurisdictional boundaries, Behnam warns. SEC He added that there is no agreement between them.
“The two institutions do not have a clear agreement on crypto regulations. If Congress doesn’t take clear steps on this issue, I don’t know how our distribution of duties with the SEC will be.
There is no agreement reached on this issue, but the authorities of the institution are in constant communication.”
Behnam finally stated that the CFTC will not take a friendlier approach than other regulators.The CFTC is as tough as any other regulator, and its mandate and mandate are as tough as anyone else.” said.