Trump Administration to Nominate Pro-Cryptocurrency Commissioners as Interim Heads of SEC and CFTC

Uk Jin

Summary

The Trump administration plans to nominate pro-cryptocurrency individuals as interim chairpersons of the SEC and CFTC.
Within the SEC, Hester Peirce and Mark Uyeda, and within the CFTC, Caroline Pham are Republicans known for their positive stance on cryptocurrency.
Paul Atkins has been appointed as the next chairman of the SEC, while the next chairman of the CFTC has not yet been decided.

In the United States, as the chairpersons of the two agencies most closely associated with cryptocurrency, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), have announced their resignations, it is expected that pro-cryptocurrency individuals will be appointed as interim chairpersons of these agencies.

On the 14th (local time), Eleanor Terrett reported via X (Twitter) that "interim chairpersons will be appointed to lead the SEC and CFTC until the U.S. Senate confirmation hearings," and that "a Republican commissioner could take the position."

Currently, the Republican commissioners within the SEC are Hester Peirce and Mark Uyeda, and within the CFTC, Caroline Pham is the Republican commissioner, all of whom are known to have a favorable stance towards cryptocurrency.

Meanwhile, the Trump administration has appointed Paul Atkins as the next chairman of the SEC. The next chairman of the CFTC has not yet been appointed.