US Senate to Meet for First Time on FTX Collapse: Single Witness CFTC Chairman Behnam

The US Senate will convene on the FTX collapse. The hearing will include statements from Rostin Behnam, Chairman of the US Commodity Futures Trading Commission (CFTC).

The U.S. Senate Agriculture Committee, on December 1, FTX crash and founder of the stock market will be collected on The hearing, titled “Why Congress Needs to Take Action: Lessons from the FTX Crash”, was held by US lawmakers, Researching FTX and its founder It will be the first session.

According to the information on the Senate website, there is currently only one witness. Chairman of the CFTC It was identified as Rostin Behnam. Behman’s statements about the FTX collapse will be included at the hearing.

As part of this hearing, the CFTC for Bitcoin (BTC) and cryptocurrencies the process of building the regulatory framework is planned to accelerate. The committee awaits input from FTX founder Sam Bankman-Fried, Alameda Research and Binance.

With the recent FTX incident of the USA regulations planned to be carried out on the cryptocurrency industry thought to accelerate.

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