Crypto industry awaits Trump’s CFTC Chair Pick as Behnam announces exit
The Trump transition team has vetted at least half a dozen potential candidates to run the Commodity Futures Trading Commission (CFTC), as the president-elect seeks to make good on his promise for a more crypto-friendly regulatory environment, FOX Business has learned.
Under Trump, the CFTC could take on a bigger role in the regulation of the $3.5 trillion crypto market, including, if Congress permits, oversight of the spot market of certain digital assets like bitcoin and ethereum, where the regulatory landscape is murky. In recent years, the CFTC, which oversees around…