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Senator Durbin notes countries moving towards crypto without credibility of united states adoption, regulation

Illinois Senator Dick Durbin tells Commodity Futures Trading Commission Chairman Rostin Behnam concluding an exchange it at a hearing of the Senate Agriculture Committee weeks after the rapid collapse of the FTX crypto trading platform that he did not question Benham's commitment, honesty or experience but had heard so colleagues say to move on fast to be the leader in the world when it comes to cryptocurrency but to realize Malta is on the march in terms of becoming a major factor in cryptocurrency, Portugal and El Salvador whereas regulations on Chicago showed there's a hell of a lot more credibility when the United States is properly regulated and the world can respect.
Illinois Senator Dick Durbin tells Commodity Futures Trading Commission Chairman Rostin Behnam concluding an exchange it at a hearing of the Senate Agriculture Committee weeks after the rapid collapse of the FTX crypto trading platform that he did not question Benham's commitment, honesty or experience but had heard so colleagues say to move on fast to be the leader in the world when it comes to cryptocurrency but to realize Malta is on the march in terms of becoming a major factor in cryptocurrency, Portugal and El Salvador whereas regulations on Chicago showed there's a hell of a lot more credibility when the United States is properly regulated and the world can respect.
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Editorial Use only. May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing or cast discredit or dishonor any member of the House or bring the House or any Member into disrepute. Contact your local office for all commercial or promotional uses.
Credit:
FedNet / Getty Images
Editorial #:
1446234211
Collection:
FedNet
Date created:
December 01, 2022
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Rights-ready
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Clip length:
00:00:59:11
Location:
Washington, DC, United States
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QuickTime 8-bit H.264 HD 1920x1080 29.97p
Source:
FedNet
Object name:
sag120122v