(Reuters) -Rostin Behnam, chair of the U.S. Commodity Futures Trading Commission, told the Financial Times in an interview he would step down on Jan. 20, the day President-elect Donald Trump is scheduled to be sworn in.
A commissioner at the derivatives regulator since 2017, Behnam led the watchdog’s crackdown on crypto exchange Binance and election-related betting.
He said the CFTC remained “well positioned to be a spot regulator for digital commodity assets”, the newspaper reported.
(Reporting by Nilutpal Timsina and Niket Nishant in Bengaluru, editing by Ed Osmond and Arun Koyyur)
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