Fourth commissioner to depart ‘later this year’
From Cointelegraph
May 21, 2025 5:43:00 pm:
Kristin Johnson, a CFTC commissioner, plans to leave before 2026 after serving since March 2022. She was nominated by former President Joe Biden and focused on emerging markets like cryptocurrencies. Fellow commissioners are also stepping down, potentially leading to a shakeup in the CFTC leadership.
The departure of Johnson and other commissioners could pave the way for Trump’s picks to take over the CFTC by 2026. The lack of clear regulatory guidelines for digital assets has led to calls for a new law to establish a regulatory framework for the market. Johnson’s exit adds to the uncertainty surrounding the future of crypto regulation.
The CFTC, along with the SEC, has been handling regulatory issues related to digital assets. The absence of defined rules has sparked discussions about the need for a structured regulatory framework. Johnson’s departure comes at a critical time for the CFTC and the broader crypto market, with potential implications for future regulations and market dynamics.
Read more at CoinTelegraph: Fourth commissioner to depart ‘later this year’