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CFTC Chief Who Sought Lead Role for Bitcoin Regulation Quits

(Bloomberg) -- US Commodity Futures Trading Commission Chairman Rostin Behnam plans to resign from the role on Jan. 20. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?Behnam will leave the commission on Feb. 7, according to a statement Tuesday from the derivative-market regulator.“

Bitcoin Slumps Below $100,000 as Economic Data Push Rates Higher

(Bloomberg) -- Bitcoin’s march back above $100,000 didn’t last long. The token slid the most in more than two weeks on Tuesday, joining a retreat in US stocks, as fresh economic data sent Treasury yields soaring. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?The original cryptocur