TechFlow news — According to Bloomberg, Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), said Thursday at an event hosted by Princeton University: "Binance intentionally violated CFTC rules. Anyone intending to offer futures contracts in the United States must register with the CFTC and comply with the law." Behnam also reiterated that both Ethereum and stablecoins are commodities.
Previously, the U.S. CFTC has sought to impose a permanent trading and registration ban on Binance in its case against the company; in response, Changpeng Zhao stated that Binance employs various measures to block U.S. customers and that he personally has never been involved in Binance Launchpad or futures trading.
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