The Trump administration is planning to increase the power of the Commodity Futures Trading Commission (CFTC) over the cryptocurrency industry. This comes amid potential changes in leadership, as candidates are being considered to take over from Rostin Behnam as chair.
The selection of a new chair could significantly influence the CFTC's policies and regulatory stance towards the cryptocurrency sector.
These changes could lead to stricter regulations and oversight, impacting how cryptocurrencies are traded and managed in the US market.