Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

2025-05-12

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

2025-05-12

Bitcoin remains undervalued, but taking a profit has begun: this metric says why

2025-05-12
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12

    Why Wall Street Crypto will not embrace without privacy of zero knowledge

    2025-05-12

    R2 Testnet affects 10 million transactions with 200K+ users in weeks

    2025-05-12

    Miro announces a strategic partnership with Enac Network to bring about a revolution in Enterprise Web3 apps

    2025-05-12

    Ripple CTO predicts a big shift with ZK certificates: Details

    2025-05-12
  • NFT

    Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

    2025-05-12

    New details about Trump’s Memecoin leaks from the official website – this is what they intend

    2025-05-12

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Can the resistance crush and re -design the rally?

    2025-05-12

    XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

    2025-05-12

    Cathie Wood doubles Bitcoin objective on 2030, says that BTC still has ‘miles’

    2025-05-12

    Analyst reveals factors that will make it happen in 2025

    2025-05-12

    Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»CFTC could potentially lead the regulation of digital assets under the Trump administration
CFTC could potentially lead the regulation of digital assets under the Trump administration
Regulation

CFTC could potentially lead the regulation of digital assets under the Trump administration

2024-11-28No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Trump administration plans to expand the authority of the Commodity Futures Trading Commission (CFTC) to oversee significant parts of the $3 trillion digital asset market, Fox Business reported on November 28.

This move would mark a crucial shift in US crypto regulation, aiming to replace the current enforcement-focused approach with a more innovation-friendly framework.

CFTC to regulate crypto

The proposal would vest the CFTC’s oversight of spot markets for digital commodities, including Bitcoin and Ethereum, which represent about 70% of the global crypto market.

The plan also includes regulating the exchanges where these assets are traded. Currently, no federal agency has clear jurisdiction over spot crypto transactions, leading to regulatory uncertainty.

Proponents argue that the CFTC’s expertise in derivatives markets makes it well suited to overseeing digital commodities. The agency is known for its lighter regulation compared to the Securities and Exchange Commission (SEC), which has faced criticism for its strict policies under outgoing Chairman Gary Gensler.

Former CFTC Chairman Chris Giancarlo, a leading advocate for clearer crypto regulations, emphasized the agency’s willingness to take on the expanded role.

Giancarlo told Fox Business:

“With adequate funding and under the right leadership, the CFTC could begin effectively regulating digital commodities from day one.”

The plan is part of newly-elected President Donald Trump’s broader efforts to restructure U.S. financial regulations. Republican lawmakers have long criticized the SEC’s aggressive stance on digital assets, including labeling most cryptocurrencies as securities.

Under Gensler, the SEC’s enforcement actions created friction with the crypto industry, leading many participants to choose the CFTC as their primary regulator. In response, the Trump administration is seeking to overhaul the SEC’s leadership and operations, potentially steering the agency toward a more pro-innovation agenda.

See also  NFTs are the pillars of digital capitalism, says Animoca's founder

Funding and legislative hurdles

If the CFTC wants to regulate spot crypto markets, it would require congressional approval and more funding. The agency’s current budget of $400 million and 700-person workforce pale in comparison to the SEC’s $2.4 billion budget and 5,300 employees.

CFTC officials, including outgoing Chairman Rostin Behnam, have repeatedly requested additional resources to address the growing responsibilities.

While the proposal has gained traction within the crypto community, some industry experts and traditional CFTC constituencies are concerned about the potential spillover effects into other commodity markets, such as agriculture.

Giancarlo suggested that precise legislative language would be essential to ensure the new mandate does not disrupt existing oversight structures.

Mentioned in this article

Source link

administration Assets CFTC Digital Lead Potentially regulation Trump
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEC chairman atkins repeats himself to overhaul crypto rules, promises to end ‘Regulation by enforcement’

2025-05-12

.Dao: the domain for decentralized communities and administration

2025-05-11

‘Bond King’ Jeffrey Gundlach calls a catalyst who can cause an interest rate this year

2025-05-11

Asset Management Giant BlackRock held a meeting with SEC to discuss Crypto institution, tokenization and more

2025-05-11
Add A Comment

Comments are closed.

Top Posts

Astroport effectively migrates strike and governance from Terra to Neutron

2024-04-16

Cardano bulls could see small losses soon, and here’s why

2023-11-24

Ethereum Price Struggles to Recover: Short-Term Outlook Is Weak

2024-09-17
Editors Picks

Shiba Inu Sees Massive Transfers – Was SHIB Affected?

2023-12-08

Tether crypto, Tron and TRM Labs collaborate: ‘Our goal is to…’

2024-09-11

250% Rally Or All-Time Low?

2023-09-12

Analyst Reveals Max Pain Scenario for Crypto, Says Caution Needed on Bitcoin as BTC Trades Below This Level

2024-01-18
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

Bitcoin remains undervalued, but taking a profit has begun: this metric says why

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,529.19-1.75%
  • ethereumEthereum(ETH)$2,476.88-1.73%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.525.85%
  • binancecoinBNB(BNB)$656.910.53%
  • solanaSolana(SOL)$173.62-0.31%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.228583-1.80%
  • cardanoCardano(ADA)$0.810.10%
  • tronTRON(TRX)$0.2708852.11%
  • suiSui(SUI)$3.94-2.21%
  • chainlinkChainlink(LINK)$16.62-2.99%
  • avalanche-2Avalanche(AVAX)$24.71-0.64%
  • stellarStellar(XLM)$0.3096450.65%
  • shiba-inuShiba Inu(SHIB)$0.000016-2.62%
  • hedera-hashgraphHedera(HBAR)$0.2126202.07%
  • the-open-networkToncoin(TON)$3.34-2.36%
  • piPi(PI)$1.162.79%
  • hyperliquidHyperliquid(HYPE)$24.55-1.75%
  • bitcoin-cashBitcoin Cash(BCH)$409.800.00%
  • unus-sed-leoUNUS SED LEO(LEO)$8.603.20%
  • polkadotPolkadot(DOT)$5.03-1.44%
  • litecoinLitecoin(LTC)$103.813.27%
  • moneroMonero(XMR)$336.991.11%
  • pepePepe(PEPE)$0.000013-2.68%
  • bitget-tokenBitget Token(BGB)$4.79-2.26%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.000.06%
  • uniswapUniswap(UNI)$6.84-1.07%
  • bittensorBittensor(TAO)$454.81-2.10%
  • nearNEAR Protocol(NEAR)$3.160.32%
  • aptosAptos(APT)$5.83-0.98%
  • aaveAave(AAVE)$219.97-0.59%
  • okbOKB(OKB)$54.14-2.14%
  • ondo-financeOndo(ONDO)$1.02-2.05%
  • internet-computerInternet Computer(ICP)$5.69-1.69%
  • ethereum-classicEthereum Classic(ETC)$19.69-1.70%
  • kaspaKaspa(KAS)$0.113697-3.50%
  • mantleMantle(MNT)$0.80-0.65%
  • gatechain-tokenGateToken(GT)$21.89-0.10%
  • crypto-com-chainCronos(CRO)$0.1006031.99%
  • render-tokenRender(RENDER)$5.13-3.39%
  • vechainVeChain(VET)$0.030799-1.65%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.252930-1.64%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.90-6.87%
  • ethenaEthena(ENA)$0.382078-6.88%
  • usd1World Liberty Financial USD(USD1)$1.010.51%
  • filecoinFilecoin(FIL)$3.12-1.01%
  • algorandAlgorand(ALGO)$0.240271-0.49%
  • cosmosCosmos(ATOM)$5.22-1.93%
  • bitcoinBitcoin(BTC)$102,529.19-1.75%
  • ethereumEthereum(ETH)$2,476.88-1.73%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.525.85%
  • binancecoinBNB(BNB)$656.910.53%
  • solanaSolana(SOL)$173.62-0.31%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.228583-1.80%
  • cardanoCardano(ADA)$0.810.10%
  • tronTRON(TRX)$0.2708852.11%
  • suiSui(SUI)$3.94-2.21%
  • chainlinkChainlink(LINK)$16.62-2.99%
  • avalanche-2Avalanche(AVAX)$24.71-0.64%
  • stellarStellar(XLM)$0.3096450.65%
  • shiba-inuShiba Inu(SHIB)$0.000016-2.62%
  • hedera-hashgraphHedera(HBAR)$0.2126202.07%
  • the-open-networkToncoin(TON)$3.34-2.36%
  • piPi(PI)$1.162.79%
  • hyperliquidHyperliquid(HYPE)$24.55-1.75%
  • bitcoin-cashBitcoin Cash(BCH)$409.800.00%
  • unus-sed-leoUNUS SED LEO(LEO)$8.603.20%
  • polkadotPolkadot(DOT)$5.03-1.44%
  • litecoinLitecoin(LTC)$103.813.27%
  • moneroMonero(XMR)$336.991.11%
  • pepePepe(PEPE)$0.000013-2.68%
  • bitget-tokenBitget Token(BGB)$4.79-2.26%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.000.06%
  • uniswapUniswap(UNI)$6.84-1.07%
  • bittensorBittensor(TAO)$454.81-2.10%
  • nearNEAR Protocol(NEAR)$3.160.32%
  • aptosAptos(APT)$5.83-0.98%
  • aaveAave(AAVE)$219.97-0.59%
  • okbOKB(OKB)$54.14-2.14%
  • ondo-financeOndo(ONDO)$1.02-2.05%
  • internet-computerInternet Computer(ICP)$5.69-1.69%
  • ethereum-classicEthereum Classic(ETC)$19.69-1.70%
  • kaspaKaspa(KAS)$0.113697-3.50%
  • mantleMantle(MNT)$0.80-0.65%
  • gatechain-tokenGateToken(GT)$21.89-0.10%
  • crypto-com-chainCronos(CRO)$0.1006031.99%
  • render-tokenRender(RENDER)$5.13-3.39%
  • vechainVeChain(VET)$0.030799-1.65%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.252930-1.64%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.90-6.87%
  • ethenaEthena(ENA)$0.382078-6.88%
  • usd1World Liberty Financial USD(USD1)$1.010.51%
  • filecoinFilecoin(FIL)$3.12-1.01%
  • algorandAlgorand(ALGO)$0.240271-0.49%
  • cosmosCosmos(ATOM)$5.22-1.93%