Transcript: CFTC Chair Rostin Behnam on the Fight to Regulate Crypto

We're still in the middle of a "crypto winter," with the price of coins well off their highs from back in 2021. But debates over how to regulate them are heating up, with significant disagreements among US politicians and agency chiefs. At the recent ISDA Annual General Meeting, we sat down with Commodity Futures Trading Commission Chair Rostin Behnam to talk about his view on crypto rules and more. Among the things we discussed are what constitutes a security or a commodity, market structure questions, new types of betting markets, and other matters currently facing the CFTC. This transcript has been lightly edited for clarity.