The US Commodity Futures Trading Commission (CFTC) Chairman, Rostin Behnam, emphasizes the importance of bankruptcy protection within the evolving crypto market structure. According to Eleanor Terrett, host of Crypto in America, Chairman Behnam believes bankruptcy protection is the "most critical consumer protection element" needed in the crypto market structure bill, also known as CLARITY. This focus on bankruptcy protection aims to safeguard consumer assets in the event of a crypto exchange or platform failure. Without clear guidelines, the legal status of crypto assets during bankruptcy proceedings can be ambiguous, potentially leaving investors with limited or no recourse. Including robust bankruptcy provisions in the CLARITY Act would provide a crucial safety net for crypto users, fostering greater trust and stability in the digital asset space. The move signals a proactive approach by the CFTC to address potential risks associated with the growing crypto market. ```