President-elect Donald Trump has nominated Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and a prominent cryptocurrency supporter, as the U.S. Secretary of Commerce. Lutnick, who has advocated for Bitcoin and stablecoins like Tether, is expected to advance Trump's trade and economic policies. Lutnick has previously called for U.S. regulators to treat Bitcoin as a commodity, similar to gold or oil. Cantor Fitzgerald, his company, has expanded its services into the cryptocurrency space and recently launched a $2 billion Bitcoin funding initiative. 🚀