The outgoing chairperson of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, has renewed his call for Congress to fill the crypto regulatory void. He said he would continue to advocate for the CFTC to move forward even if he no longer serves as chairperson. When a Wall Street Journal reporter later asked about the new year, Behnam said that cryptocurrency legislation will take time and referred to the new composition of the new presidential administration and Congress. He noted that legislation will take six to ten months and subsequent rulemaking by federal agencies will take a year. It also stated that the acting chairperson will play a role in future regulatory shifts. In presidential executive changes, the acting chairperson usually leads the agency temporarily until they are appointed as chairperson or someone else as chairperson. Behnam said: I do think that the acting head will change the regulatory approach on day one, and the current committee members have been talking about sandboxing and creating an environment where cryptocurrency players can basically conduct business without having to worry about enforcement or regulation because it is a controlled environment. It added that the legislative efforts made by MPs including Debbie Stabenow and Patrick McHenry were "not perfect", but still good steps, and I don't think the status quo, the existing regulations we are in, will solve the problem.