Crypto Hawk Rostin Behnam Steps Down As CFTC Chair Amid Failing Kalshi Lawsuit

Commodities Futures Trading Commission (CFTC) Chairman Rostin Behnam will step down on January 20, 2025, amid an unresolved lawsuit against retail betting market Kalshi, the agency announced today. Behnam’s departure comes as the commission battles Kalshi over the regulator’s ban on political betting contracts, highlighting regulatory challenges in emerging financial markets. During his... source: https://dailyhodl.com/2025/01/07/crypto-hawk-rostin-behnam-steps-down-as-cftc-chair-amid-failing-kalshi-lawsuit/