ChainCatcher news, according to Cointelegraph, CFTC Chairman Rostin Behnam claimed that as U.S. cryptocurrency regulatory negotiations have stalled, the agency is facing "constraints."Rostin Behnam stated that efforts to regulate the digital asset industry through a legislative framework have "stalled so far." However, he still believes that the new Congress and president can make more progress.Rostin Behnam said, "I don't think anything is necessarily going to happen by the end of this year, but I do believe that this election has had a unique impact on digital assets and technology." He added that without any legislation, the agency is "really constrained" in "regulating" the cryptocurrency market, which would put investors "at risk."

ChainCatcher news, according to The Block, CFTC Chairman Rostin Behnam urged Congress to play a more critical role in guiding federal agencies to develop a regulatory framework for the future of cryptocurrency.Additionally, Behnam stated at DC Fintech Week that the CFTC and SEC have a good record of cooperation, but digital assets need to be treated specially. Cryptocurrencies have "tremendous potential," and given their growth, Congress needs to intervene.