Incoming President Trump considers handing over crypto industry regulation powers to Commodity Futures Trading Commission.

[Fidelia]

The Donald Trump team is really considering changing the way crypto is regulated in the United States. His government intends to hand over the powers to regulate crypto to the Commodities Future Trading Commission (CFTC) according to sources close to the incoming president. The SEC would have less power on crypto with this development.

What do you think would be the outcome of this happens?

 

[Webster]

What do you think would be the outcome of this happens?

I think it would show a clear signal to the crypto industry and to crypto investors that the U.S. government is serious about having a strong but fair regulatory structure around crypto and that would very likely bring in investment from outside the U.S.