Chairman Rostin Behnam announces departure from CFTC

Chairman Rostin Behnam Announces Departure from CFTC: “After more than seven years at the U.S. Commodity Futures Trading Commission, I will be stepping down from my position as Chairman on January 20th. My final day at the Commission will be Friday, February 7th. Since 2017, it has been an honor and a privilege to serve the American public and the CFTC, first as a commissioner, then as Chairman. This agency presides over financial markets that play a critical role in every facet of the U.S. economy. By supporting economic growth, financial stability, and the predictability of commodity prices, derivatives markets serve a critical public interest. Over the past several years, a multitude of domestic and global events tested the resilience of all financial markets. I am proud that the Commission consistently made deliberate and intentional decisions to ensure continued strength. We worked to address regulatory gaps and uncertainty. We also responsibly engaged new entrants to support innovation. As Chairman, I led the agency with a focus on identifying, assessing, and addressing risks within our regulated markets. Additionally, I took actions anchored in building consensus – strictly within the bounds of the law, and towards establishing appropriate guardrails to minimize disruption, maintain a level playing field for all stakeholders, and fulfill our mission and purpose.” Publicly traded companies in the space include Bit Digital (BTBT), Coinbase (COIN), Mara Holdings (MARA), MicroStrategy (MSTR) Bitcoin (BTC) Investment Trust (GBTC).

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