• 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

New Proposal Envisions Base Token With Direct Voting Power Over Coinbase

chest

A new proposal by CoinDesk suggests that a Base network token could grant holders voting rights over Coinbase's corporate decisions.

user avatarJacob Williams

Experts Predict Resurgence of NFTs and Retail Investors in Crypto

chest

Experts predict a resurgence of NFTs and retail investors in the crypto market as conditions improve.

user avatarZainab Kamara

Details of the Proposed OP Buyback Mechanism Unveiled

chest

The Optimism governance team has unveiled details of the proposed OP buyback mechanism, which aims to redirect 50% of Ethereum revenue generated by the Superchain sequencer over a 12-month period.

user avatarSon Min-ho

Optimism Community Votes on Groundbreaking OP Buyback Proposal

chest

The Optimism community is voting on a proposal to allocate 50% of Superchain sequencer revenue for OP token buybacks.

user avatarAyman Ben Youssef

Hedera's Technical Advantages with Hashgraph Technology

chest

Hedera's unique hashgraph technology offers faster transaction speeds and lower costs, operating on a directed acyclic graph structure.

user avatarKaterina Papadopoulou

Institutional Adoption of Hedera Accelerates with Pilot Programs

chest

Banks and central banks are piloting projects on Hedera, indicating growing institutional adoption.

user avatarMaya Lundqvist

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.