Acting chairperson of the Commodity Futures Trading Commission, or CFTC, Rostin Behnam has likened the government agency’s enforcement of the digital asset space to a beat cop on duty.

Behnam appeared at an hearing held by the United States Senate Committee on Agriculture, Nutrition and Forestry on Wednesday to accept his position on permanent terms. Telled chairperson Debbie Stabenow the CFTC has been “aggressively pursuing enforcement cases” in the crypto space for some time, including its $100 million case against crypto derivatives exchange BitMEXAnd the It levied $42.5 Million in penaltiesBitfinex and against He asked the committee to expand the authority of CFTC in light of emerging digital asset markets.