"Double in Price- Bitcoin"- CFTC Chairman Behnam

A clear regulatory framework would give institutional investors more reassurance and motivate them to become more interested in the space- As Behnam

[{"selector":"#anim-ab6f8272-9cd7-419d-b930-0b7da34db9f6","keyframes":{"transform":["translate3d(104.18848%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-22cbadc1-9d24-4568-b148-1a341f5464da","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}]

CFTC chairman Rostin Behnam opined Wednesday that crypto will attract a lot of institutional inflow if there is a regulatory structure.

[{"selector":"#anim-6e2687ff-a84c-4cbd-9fd0-b7faabc7e488","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e8df8ca5-3b1c-414f-b809-db2f183596ab","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

"The regulatory clarity could pave the way for institutional investors to enter the market." - Behnam.

[{"selector":"#anim-f34c6941-52c3-4f41-b845-c577816ec9cf","keyframes":{"transform":["translate3d(113.71428%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-64f7d684-8059-4801-aed8-e70b2c4ec5ab","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}]

According to him, placing crypto regulation under his agency’s jurisdiction would be good for the industry and might even lead to its growth.

[{"selector":"#anim-4fccf7bb-d669-4a97-9459-5d9909dd4fd7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a1cab2c5-3a64-4798-8176-fbc355d23de1","keyframes":{"transform":["translate3d(0px, 124.39184%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

CFTC chairman Rostin Behnam showed support for the bipartisan bill that seeks to enable CFTC to regulate Cryptocurriencies.

[{"selector":"#anim-48d7c956-6bd9-4e4f-9d91-049bc87a8cb2","keyframes":{"transform":["translate3d(-102.00502%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-646f665f-ac0d-44bb-9a9f-3d817db3d31f","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}]

"CFTC's budgets is curently too limited to effectively monitor the crypto industry."- Behnam

[{"selector":"#anim-6d3dfe62-5dc7-4a41-9cd1-f617cab4f12c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-16480400-b203-4642-88b1-6d3514a988ce","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]