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

Competition is going to arise as this bill is passed. It again, it has passed two houses of of Congress. It hasn't been signed yet, but this was always an argument I faced talking to members of Congress.If we pass bills around crypto, it legitimizes this industry. And at a time in 22 and 23 when you had rampant fraud, big in scale, I think a lot of members in Congress were questioning why would they legitimize an industry that is so rampant with bad actors. But ultimately in the balance between an unregulat ...