• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump's Team Discusses CFTC Chair Candidates

user avatar

by Giorgi Kostiuk

a year ago

President Trump's team is considering candidates for the position of Chair of the Commodity Futures Trading Commission (CFTC).

Candidates for CFTC Chair

Trump's team is reviewing potential candidates for the CFTC Chair, including current and former officials. Summer Mersinger is a prominent contender, advocating for a more accommodative stance towards cryptocurrencies. Other candidates include former commissioner Jill Sommers and Josh Sterling.

It was my hope that one day soon the commission would consider rulemaking, or at the very least guidance, making clear how DeFi protocols could comply with them.

Impact on the Crypto Industry

Trump's election victory has bolstered the cryptocurrency market. Changes in CFTC leadership could further support the industry's development in the U.S. Interest in S&P 500 and Coinbase has risen amid these developments.

Market Reaction to Trump's Victory

Following Trump's victory, Coinbase shares rose over 20%, reflecting expectations of reduced regulatory pressure. The potential appointment of a new CFTC Chair is seen as a positive signal for the industry.

Potential appointments in U.S. financial regulators could significantly impact the growth of the crypto industry. The choice of CFTC Chair may determine future regulatory changes.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

RBI Deputy Governor Criticizes Bitcoin's Speculative Nature

chest

RBI Deputy Governor T. Rabi Sankar has expressed concerns about Bitcoin, labeling it as a speculative asset with no real economic value.

user avatarMaria Fernandez

Market Sentiment Remains Fragile for VRA Amid Ongoing Price Action

chest

The market sentiment for VRA is fragile, with both potential rebound signs and risks present.

user avatarGustavo Mendoza

VRA Cryptocurrency Faces Critical Price Levels Amid Sellside Liquidity Sweep

chest

VRA's price action indicates a potential bullish reversal, but key support levels will determine its future.

user avatarLuis Flores

Key Support Levels for VRA: A Deciding Factor for Recovery

chest

VRA must reclaim and hold critical price levels to signal a potential recovery. Currently, VRA needs to maintain a price within the 0.000032-0.000035 range to signal a recovery.

user avatarArif Mukhtar

Analyst Predicts XRP Supply Shock as Institutional Demand Grows

chest

ETF analyst Chad Steingraber warns that the current supply of XRP on exchanges may not be sufficient to meet growing institutional demand.

user avatarRajesh Kumar

Caution Grows Among Family Offices Amid Market Volatility

chest

Caution grows among family offices as they engage more in cryptocurrencies due to ongoing market volatility, leading to a preference for longer investment horizons.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.