The Commodity Futures Trading Commission (CFTC) may soon take on a crucial role in overseeing the $3 trillion cryptocurrency market. Under the upcoming Trump administration, the CFTC could expand its authority to regulate digital assets such as Bitcoin and Ethereum. 🌐
With over 50 million people holding digital assets, key members of the new administration believe that a lighter regulatory framework is necessary to foster blockchain technology innovation. This could put an end to regulatory uncertainty and the power struggle between the CFTC and SEC. ⚖️