Commodity Futures Trading Commission Chairman Rostin Behnam has expressed his intention to challenge a recent ruling that allows Americans to use derivatives for wagering on U.S. elections.

This decision underscores the agency's dedication to overseeing the emerging field of election-related financial activities. In an interview on "Balance of Power," Behnam also discussed the challenges associated with regulating cryptocurrency markets. He stressed the importance of implementing strong regulatory frameworks to safeguard market integrity and protect investors in this rapidly evolving sector.