• 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

AI Predictions on Pi Network's Future Valuation

chest

Four AI chatbots provide insights on the potential for Pi Network's token to crash to zero.

user avatarAndrew Smith

Buterin Discusses Ethereum's Progress and Concerns

chest

Vitalik Buterin discussed Ethereum's scaling advancements and emphasized the need for applications that provide real social value during a recent interview in China.

user avatarZainab Kamara

Global Reactions to Russia's Cryptocurrency Regulation Proposal

chest

The proposed bill has sparked mixed reactions globally, with some welcoming the clarity that formal regulation brings, hoping it will legitimize the sector and attract institutional investment. Others criticize the purchase cap as overly paternalistic, arguing it stifles financial freedom and technological adoption.

user avatarJacob Williams

Active Management Gains Traction in ETF Market

chest

The investment landscape has shifted towards active management, particularly through ETFs, as volatility and sector dispersion increase.

user avatarSon Min-ho

New Strategies for Evaluating Active ETFs Unveiled

chest

A report introduces six methodologies for identifying top-performing active ETFs, focusing on structural and managerial characteristics.

user avatarTando Nkube

Compass Mining Launches New Bitcoin Mining Facility in Texas

chest

Compass Mining has launched a new 10 MW Bitcoin mining facility named Texas 8 near Odessa, Texas, designed to host around 3,000 customer miners.

user avatarAyman Ben Youssef

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.