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CFTC Chief Says FTX Plan Could Make Crypto Markets ‘More Efficient’

April 1, 2022
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CFTC Chief Says FTX Plan Could Make Crypto Markets ‘More Efficient’
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“This proposal may find yourself resulting in extra environment friendly buying and selling execution, much less danger within the system,” Behnam mentioned, including that he’s required to domesticate “accountable innovation,” and the concept isn’t essentially prohibited or in violation of commodities legal guidelines. Nonetheless, he thought of the query value a major ongoing public-comment interval. “As we’re contemplating and considering the FTX proposal, we’re doing it cautiously,” he mentioned.

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