Ex-CFTC Chair warns: Crypto still a ‘wild west’ without federal authority

Trump’s presidency sparks crypto regulatory debate, as ex CFTC cahir warns of gaps and calls for clearer

• Rostin Behnam warns crypto will stay unregulated without expanded CFTC authority.
• Dual oversight could legitimize crypto, but may also create regulatory confusion.

With Donald Trump stepping in as the 47th U.S. president, a new wave of shifts has begun to reshape the nation’s regulatory landscape, especially within the crypto industry.

While the SEC continues to oversee areas tied to securities, the CFTC’s influence appears to be diminishing, limited mostly to derivatives and spot markets.

This imbalance in regulatory authority has sparked fresh debate