Donald Trump's transition team is searching for a new chairperson for the Commodity Futures Trading Commission (CFTC) following the resignation of Rostin Behnam. The team is particularly interested in finding a candidate who is friendly towards cryptocurrencies, as the CFTC could potentially regulate the trillion-dollar crypto industry. The crypto sector has shown support for Trump in the past, and he has appointed pro-crypto individuals to key positions. Notable candidates for the CFTC chair include Summer Mersinger and Brian Quintenz, who are seen as front-runners due to their government experience and connections. Both have advocated for clear and consistent regulatory frameworks for the crypto industry.



Other News from Today