CFTC commissioner says the agency does not have enough resources to regulate crypto

CFTC charges South African national in $1.7B Bitcoin fraud case

“If Congress decides that our jurisdiction should be expanded to include the cash market in some way, we’ll need a lot more resources to accomplish it,” Berkovitz says. Berkovitz said the Commodity Futures Trading Commission or CFTC, enforcement efforts in the crypto industry have been “tough,” citing a $100 million civil monetary penalty against derivatives […]