CFTC Chairman Addresses Classification of Cryptocurrencies in Senate Hearing
Wednesday, 10 July 2024, 16:42
CFTC Chair: Majority of Cryptocurrencies
In a senate hearing, Rostin Behnam stated that 70%-80% of digital assets are non-securities.
Regulatory Status
- Industry Impact: Classification has implications for investor protection.
Behnam's remarks highlight the importance of distinguishing between securities and non-securities in the cryptocurrency market.
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