CFTC Bitcoin Regulation: Will It Replace SEC Crypto Oversight in Addressing Market Volatility?
The incoming Trump administration plans to expand CFTC Bitcoin regulation powers to oversee cryptocurrency spot markets. The administration will reduce SEC crypto oversight and implement less strict regulation for the $2.24 trillion digital asset market. This change comes as the industry faces regulatory uncertainty and increased crypto market volatility. Also Read: VeChain Outperforms Bitcoin, Solana: Will VET Hit 1 Cent Soon? How CFTC Bitcoin Regulation Could Shift SEC Crypto Oversight Amid Crypto Market Volatility Trump Administration’s Regulatory Vision The new CFTC Bitcoin regulation plan will give the commission control over BTC and Ethereum trading. This covers 70% of the global cryptocurrency market. The change moves away from SEC crypto oversight. The transition team is also planning a new White House role for cryptocurrency policy to reduce regulatory uncertainty. CFTC’s Stance on Digital Assets Crypto market volatility remains a top concern. CFTC Chair Rostin Benh...