As U.S. Commodities Regulator CFTC Urges Fast Crypto Action, Senators Still Scrambling

“I believe the single most important thing I have done, and continue to do, is advocate to this body to fill the regulatory gap,” Behnam told the senators. “Congress must act quickly in order for regulators, like the CFTC, to provide basic customer protections that are core to U.S. financial markets.”