According to FOX Business, the Trump administration plans to enhance the authority of the CFTC by granting it oversight of a substantial portion of the $3 trillion digital asset market.

The incoming Trump administration wants to expand the power of the CFTC by granting it oversight of a significant portion of the $3 trillion digital asset market.

The Trump government is reportedly looking at the possibility of giving the CFTC the authority to regulate the spot market for Bitcoin and other cryptocurrencies, potentially providing more clarity on which regulator should oversee the industry.

The Trump administration plans to grant the CFTC authority over cryptocurrency spot markets, particularly Bitcoin and Ethereum, marking a shift away from SEC oversight

Donald Trump’s incoming administration has plans to hand over most of the crypto industry’s regulatory power to the Commodity Futures Trading Commission (CFTC).

Donald Trump’s incoming administration reportedly wants the Commodity Futures Trading Commission to oversee the crypto industry — a move that could drastically roll back some of the regulatory power from the Securities and Exchange Commission.

Chris Giancarlo, ex-CFTC chair and crypto advocate, may become the US crypto czar, signaling a shift in blockchain regulation.

Donald Trump plans to expand the CFTC’s role in overseeing digital assets, while curbing the SEC’s control to reverse Biden-era regulations.

The US Commodity Futures Trading Commission, the underfunded regulator overshadowed by the SEC, has a path to prominence if the incoming Trump administration revamps crypto policy and installs an industry-leaning chair.

After funneling hefty sums into the 2024 elections, the crypto industry is poised to wield considerable influence over the incoming government. The industry spent more than $180 million on campaigns this election cycle,