According to a report in the Financial Times, CFTC Chairman Rostin Behnam will step down on January 20, the day of President Donald Trump's inauguration.

Behnam is concerned that regulation of crypto assets, including Bitcoin and other cryptocurrencies, is still insufficient. He stated: "There is still a large part of the crypto asset space that remains unregulated within the U.S. regulatory system, and given the adoption we're seeing from traditional financial institutions and the huge demand from retail and institutional investors for these products, it's critical to fill that gap. The CFTC remains well-positioned to become the spot market regulator for crypto commodity assets."