At his October confirmation hearing, Rostin Behnam said it was "critically important to have a primary cop on the beat" of an emerging market that included cryptocurrencies and stablecoins.
US Senate confirms CFTC chair as President Biden announces commissioner picks
The US Senate has confirmed Rostin Behnam as CFTC chair, who emphasized the need for regulatory oversight in emerging markets like cryptocurrencies and stablecoins during his October confirmation hearing.
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