Washington, D.C. – Today, Commodity Futures Trading Commission Chairman Rostin Behnam issued the following statement on the introduction of digital commodity regulation legislation by Senators Stabenow and Boozman:

“As American investors continue to demonstrate growing interest in digital assets, there is a greater need to bring these markets within the regulatory fold.  We are at a critical inflection point where new legislative authority is needed to clarify ambiguities and provide a regulatory framework to the digital commodity market that protects customers, provides market integrity and certainty, and ensures financial stability.

“I commend Chairwoman Stabenow and Ranking Member Boozman for introducing bipartisan legislation that aims to accomplish these goals in a targeted manner.

“I look forward to working with the Congress as legislation continues to progress.”