CFTC Should Review Crypto Because It's 'Exploding': Baucus

The video discusses the role of regulatory bodies like the CFTC and SEC in overseeing the rapidly growing crypto industry. It highlights the CFTC's focus on exchanges, including Binance, which has not been charged with wrongdoing. The speaker explains their decision to represent Binance, citing the company's adherence to laws and the potential of crypto technology. They emphasize the importance of due diligence and the need for collaboration between the industry and regulators, suggesting that Congress should hold hearings on crypto similar to those for Robinhood and Reddit.

What steps did the speaker take to ensure that Binance operates ethically?

In what ways does the speaker believe Congress should engage with the cryptocurrency industry?