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CFTC Chairman Rostin Behnam has indicated a forthcoming wave of enforcement actions within the cryptocurrency sector over the next 6-24 months. This anticipated regulatory clampdown is due to the lack of a clear regulatory framework in the U.S., coupled with the rapid appreciation of crypto assets and heightened interest from retail investors and entrepreneurs under bullish market conditions. Behnam's warnings highlight concerns over the industry's rapid growth and the potential risks to market participants.
US CFTC CHAIR WARNS OF INCREASED LAWSUITS IN CRYPTO SECTOR: WHAT TO KNOW - The stage is set for a significant uptick in enforcement actions against crypto companies in the wake of a booming cryptocurrency bull market, according to the Chairman of the US Commodity Futures Trading… https://t.co/0qbrsiRKqH https://t.co/b7EVQQT7dR
UPDATE: CRYPTO COMPANIES WILL SEE MORE ENFORCEMENT ACTIONS - CFTC CHAIR ROSTIN BEHNAM
A wave of crypto enforcement actions is coming within the next two years, CFTC Chair says https://t.co/nprlU30aUD
