Former CFTC Chairman Calls for Stablecoin Regulation, Delays Broader Cryptocurrency Market Discussion

Timothy Massad, former Chair of the U.S. Commodity Futures Trading Commission (CFTC), has urged Congress to prioritize the development of a regulatory framework for stablecoins. He proposes postponing discussions about broader cryptocurrency market structure legislation for several years, citing concerns that such initiatives might lead to increased regulatory uncertainty rather than clear guidelines.