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CFTC Chair Rostin Behnam resigns as crypto regulation debate intensifies

CFTC Chair Rostin Behnam will resign on Inauguration Day, with a departure from the agency set for early February. Nominated by Trump in 2017, Behnam advocated for expanded CFTC authority over crypto markets, highlighting the agency's limited regulatory power despite significant enforcement actions. His resignation opens the door for potential successors, including Caroline Pham and Summer Mersinger, both known for their engagement with the crypto industry.
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