🥇 CFTC Chair Behnam marks concern over spot bitcoin ETFs and says it's time for new legislation
Commodity Futures Trading Commission Chair Rostin Behnam says he fears that the recent approval of spot bitcoin ETF products introduces risks and called again for legislation at the federal level to regulate crypto. Behnam's remarks come two weeks after the Securities and Exchange Commission approved the first batch of spot bitcoin exchange-traded funds, which have so far seen billions of dollars of trading activity.
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https://www.theblock.co/post/274731/cftc-chair-behnam-marks-concern-over-spot-bitcoin-etfs-and-says-its-time-for-new-legislation
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