🇺🇸🚨 Kristin Johnson – the last Democratic commissioner at the CFTC – has confirmed she will leave the agency on September 3.
She emphasized that it is a "honor and privilege" to serve in the role of market manager, while also calling for the establishment of a sustainable legal framework to both promote growth and protect consumers. After she left, the CFTC was left with only Caroline Pham, raising concerns that the agency would slow down in its efforts to build regulations for crypto. Meanwhile, Brian Quintenz's nomination for the new Chairman position is still being delayed in the Senate. #Crypto # CFTC #Regulation # Bitcoin
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🇺🇸🚨 Kristin Johnson – the last Democratic commissioner at the CFTC – has confirmed she will leave the agency on September 3.
She emphasized that it is a "honor and privilege" to serve in the role of market manager, while also calling for the establishment of a sustainable legal framework to both promote growth and protect consumers.
After she left, the CFTC was left with only Caroline Pham, raising concerns that the agency would slow down in its efforts to build regulations for crypto. Meanwhile, Brian Quintenz's nomination for the new Chairman position is still being delayed in the Senate.
#Crypto # CFTC #Regulation # Bitcoin