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CFTC Chair to Testify on Cryptocurrencies as Congress Weighs Legislation
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wsj.comWASHINGTON—The nation’s top derivatives regulator is set to testify Wednesday about cryptocurrencies before a congressional panel that is weighing the need for new legislation to bring the volatile asset class under government oversight.
Rostin Behnam, the recently confirmed chairman of the Commodity Futures Trading Commission, is appearing before the Senate Agriculture Committee for a hearing examining risks, regulation and innovation in the cryptocurrency industry. Additional witnesses include billionaire cryptocurrency entrepreneur Sam Bankman-Fried.
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