CFTC Chief Calls for Crypto Regulation After Spot ETF Approvals Raise Market Risks
• CFTC Chair has growing concerns over Bitcoin market, says new laws needed to regulate it • Recent approval of Bitcoin spot ETFs has “magnified” these concerns • Lack of legislation hasn't hindered enthusiasm and growth of digital assets • CFTC brought record 47 enforcement actions related to digital assets in 2023 • CFTC cemented reputation as top crypto enforcement agency, warns public of risks