CFTC Head: Bitcoin Will Grow After Establishing Supervision of the Authorities
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According to the head of the CFTC, Rostin Behnam, the regulation of the digital asset market under the leadership of the CFTC can have significant benefits, including the potential increase in the price of the first cryptocurrency.
He has predicted:
“Bitcoin could double in value if there is space regulated by the CFTC.”
According to him, a clear regulatory framework can remove barriers for institutional investors to enter the market.
He has explained:
“Non-banking crypto institutions will thrive under regulatory certainty. They can argue about the type of regulation, but they need this clarity.”
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