Former CFTC Chairman Rostin Behnam: We need regulations and guardrails around the crypto industry

Regulatory Landscape - Passage of crypto bills by Congress could lead to increased competition within the industry [1] - The industry's past issues with fraud raised concerns among members of Congress regarding legitimization [2] - Regulation and guardrails are deemed necessary to protect investors in the crypto market [2] Market Impact - Companies involved in the crypto space are expected to succeed and grow due to increased investor confidence [3] - Money on the sidelines may now feel more confident investing in the crypto industry due to regulation [3]