【Trump Administration Considering CFTC to Lead Digital Asset Regulation】Golden Finance reports, according to FOX Business, the incoming Trump administration hopes to expand the powers of the Commodity Futures Trading Commission (CFTC), granting it significant regulatory authority over the digital asset market. Sources familiar with the Trump team's thoughts have stated that as Trump takes office and the influence of the crypto industry within Republican politics grows, the CFTC's responsibilities could soon be expanded to regulate the crypto spot market (such as Bitcoin and Ethereum) that are viewed as commodities, as well as the exchanges facilitating their trading. Key individuals within the Trump team believe that regulatory relief is needed to stimulate innovation in the crypto business, including potentially transformative blockchain technology that could eliminate costly intermediaries in commercial transactions. Former CFTC Chairman Chris Giancarlo told FOX Business: "With adequate funding and the right leadership, I believe the CFTC can start regulating digital commodities on the first day of Trump's presidency."

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