Perianne Boring and Caroline Pham are leading candidates for CFTC Chair, as Trump’s administration signals plans to bolster pro-crypto policies. This leadership decision could redefine the U.S. regulatory approach to digital assets and shift oversight from the SEC to the CFTC.
Crypto advocacy group The Digital Chamber is pushing for stablecoin legislation amid an increased push for fair crypto regulations across the United States, the organization’s new report entitled “How Stablecoins Are Extending U.S. Dollar Dominance” reveals. According to the crypto organization, over 98% of the more than $170 billion worth of stablecoins in existence are pegged to the U.S. dollar.
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