Blockchain enthusiasts, did you hear that CFTC Chairman Rostin Behnam emphasized the need for enforcement activities and legislation in the crypto space at the Financial Industry Association Expo? 🤔 He also mentioned 45 enforcement actions involving digital assets, accounting for more than 34% of the 131 such actions brought by the Commission since 2015. 🚀
Behnam also specifically mentioned the lawsuit against Ooki DAO, which resulted in the DAO shutting down and receiving a $643,542 fine. He believes that the current CEA limits rule making and policy innovation, which is in sharp contrast to the views of SEC Chairman Gary Gensler. 👀
How do you think this will impact the crypto market? Feel free to speak freely in the comment area! 🎉