COINDESK DAILY: CFTC Chair Behnam to Resign on Inauguration Day

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CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 8 January 2025

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Host Jennifer Sanasie breaks down the latest news in the crypto industry from CFTC Chair Rostin Behnam's resignation announcement to Ripple's positive outlook for an XRP ETF. "CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry as CFTC Chair Rostin Behnam has announced a January 20 departure from his role. Plus, a federal judge has allowed Coinbase to chase a higher-court appeal in its legal battle against the SEC and Ripple president says XRP ETF could soon be a reality. - From our sponsor: In Chinese, belief means trust. For 10 years, Consensus has united those who believe in building a new internet where everyone has value. Join us at Consensus Hong Kong February 18 - 20, 2025 where belief becomes real. Connect with global leaders, innovators, and investors shaping the future of Web3, and experience the power of collaboration at the industry's most influential event. Register now: https://go.coindesk.com/3BeigBq - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.8	CFTC Chair Rosten Benham announced that he will be resigning on January 20th and is an
0:55.4	XRP ETS on the horizon.
0:57.9	You're watching Coin Desk Daily.
0:59.5	I'm your host, Jen Sanassi.
1:06.8	We all want to believe in something.
1:09.4	In Chinese, belief also means trust. We want to trust our systems
1:14.1	and each other so we can build a future beyond what we know. Join us at Consensus Hong Kong,
1:20.4	where belief becomes real. CFTC Chairman Ross and Benham has announced that he will resign
1:25.7	from his position on January 20th,
1:28.5	choosing the very last day of the Biden administration as his final day leading the agency.
1:33.6	Inaguration day will mark the departure of Benham as well as SEC chair, Gary Gensler.
1:38.9	Coinbase was granted an unusual chance to skip ahead in a U.S. federal court dispute with the SEC.
	...

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