Hearing on FTX Collapse and Digital Currency Regulation
Commodity Futures Trading Commission Chair Rostin Behnam testified at a Senate Agriculture Committee hearing on the collapse and bankruptcy of cryptocurrency exchange… read more
Commodity Futures Trading Commission Chair Rostin Behnam testified at a Senate Agriculture Committee hearing on the collapse and bankruptcy of cryptocurrency exchange FTX. He called on Congress “to act promptly to apply a comprehensive regulatory regime,” regarding cryptocurrency markets and said there was evidence that CFTC regulations work. Moreover, he cited “significant conflicts of interest,” a lack of record-keeping, and other reasons for FTX’s collapse, and he recommended policy proposals for regulatory legislation. The Digital Commodities Consumer Protection Act, a bipartisan bill originating from the committee, would give authority to the CFTC to better regulate cryptocurrency markets. close
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Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
Click the play button and move your cursor over the video to see the . Click on the marker to see the description and watch.
You can also click the in the lower left of the video player to see a complete list of all Points of Interest from this program - click on any moment in the list and the video will play.
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