CoinVoice recently learned that, according to FOX Business, Trump's transition team has reviewed at least six potential candidates to serve as the chairman of the Commodity Futures Trading Commission (CFTC), as Trump aims to fulfill his promise to provide a more friendly regulatory environment for the cryptocurrency industry. Under Trump's leadership, the CFTC could play a larger role in regulating the $3.5 trillion cryptocurrency market, including overseeing the spot markets for digital assets like Bitcoin and Ethereum, provided Congress allows it, while the regulatory environment for this market remains unclear.
In recent weeks, Trump's transition team has interviewed CFTC commissioner Summer Mersinger, Andreessen Horowitz's head of crypto policy Brian Quintenz, and former Kraken chief legal officer Marco Santori, who has yet to announce his departure from the cryptocurrency exchange and may seek a position in the U.S. government. Other reviewed candidates still on the list include U.S. Republican commissioner Caroline Pham, as well as lawyers Neal Kumar and Josh Sterling, who previously held senior positions at the agency. [Original link]