๐ Crypto enthusiasts, brace yourselves! The Trump team is considering handing the crypto reins to the CFTC, potentially sidelining the SEC's heavy-handed approach. This shift could mean a lighter, more innovative atmosphere for digital assets in the US.
- CFTC, known for its fair play, might soon oversee spot markets and exchanges.
- Former CFTC Chair Giancarlo is optimistic about this change, citing past successes like Bitcoin options approval.
- With a smaller budget and team than the SEC, the CFTC is asking for more resources to tackle crypto regulation effectively.
What do you think? Is this the shakeup the crypto world needs? Share your thoughts below! ๐ฌ