US CFTC Chair Rostin Behnam Says DeFi Crypto Exchanges Can Be Regulated – Here's the Latest

DEXs and other aspects of the DeFi world can be regulated in the US, even though it is “just code,” according to CFTC chair Rostin Behnam.

Crypto regulation timeline ‘measured in years,’ former FDIC official cautions

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Former FDIC CIO, Duke Professor, and Venture Capitalist Sultan Meghji joins Yahoo Finance Live anchors Brad Smith and Julie Hyman to discuss crypto regulation in the U.S., missteps leading up to the FTX collapse, the outlook for consumer financial protections in the space, and what the FTX fallout says about VCs.
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Rostin Benham on the roles of the SEC and CFTC in regulating cryptocurrency

“Chairman [Gary] Gensler and I agree on many things, we disagree on many things I think the most important thing is…We share the same values in what we want to accomplish…customer protections and a regulatory structure around this market.”- Rostin Benham

Crypto Capitol Hill hearing: Why Congress needs to ACT – Lessons from the FTX collapse

#crypto #FTX #yahoofinance
The US Congress wants to take a closer look at how FTX fell apart, so that it can prevent the next FTX-like implosion.

The US Senate Agriculture Committee will hear the first of several Congressional hearings on crypto t (Dec. 1). That will be the first of many public probes into what went wrong at FTX, the crypto exchange founded by Sam Bankman-Fried. Eventually, these hearings will help draw up more robust crypto regulation.

Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes
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Bitcoin, ethereum are commodities, says CFTC Chair Rostin Behnam

CFTC Chair Rostin Behnam joins CNBC’s ‘Squawk Box’ to discuss potential regulation over cryptocurrencies like bitcoin and ethereum. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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