TRUMP EYES HANDING CFTC OVERSIGHT OF CRYPTO

Summary from the TLDR Crypto newsletter

President-elect Trump's administration is reportedly planning to shift crypto industry oversight to the CFTC, potentially reducing the SEC's regulatory control over digital assets deemed commodities and crypto exchanges. The CFTC has a significantly smaller workforce and budget and is viewed favorably by the industry for its more measured regulatory approach. Leadership changes in the SEC, including Chair Gary Gensler's resignation and Commissioner Jaime Lizárraga's departure, coincide with the upcoming regulatory restructuring