Analysis: Former US CFTC official Amir Zaidi returns as Chief of Staff, potentially benefiting the crypto market

BTC-1,33%

Odaily Planet Daily reports that the U.S. Commodity Futures Trading Commission (CFTC) announced that Amir Zaidi, a key policymaker who previously regulated the launch of U.S.-regulated Bitcoin futures, has returned after six years to serve as the CFTC Chief of Staff. CFTC Chairman Michael Selig highlighted the extensive experience Amir Zaidi brings and stated that he played a crucial role in the launch of Bitcoin futures contracts regulated by the CFTC during Donald Trump’s first term. Michael Selig said that as Congress prepares to submit legislation on the digital asset market structure to the President, Amir Zaidi will provide experience and expertise in developing regulations for the rapidly evolving commodity markets. He held multiple positions at the CFTC from 2010 to 2019. In his last two years, he served as Director of the Market Oversight Division, overseeing and facilitating the establishment of the U.S.-regulated Bitcoin futures market. (Cointelegraph)

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

NYSE Lifts Crypto Options Cap Across 11 BTC and ETH ETFs

Two NYSE-affiliated venues have scrapped the 25,000-contract cap on options tied to 11 crypto ETF options, a move the exchanges filed with the Federal Register on March 10. The Securities and Exchange Commission acknowledged the rule alterations on Sunday by waiving the standard 30-day waiting

CryptoBreaking6m ago

NYSE Exchanges Remove 25,000-Contract Options Cap on 11 Bitcoin and Ether ETFs

NYSE Arca and NYSE American have removed the 25,000-contract position and exercise limits on options tied to 11 spot Bitcoin and Ether exchange-traded funds (ETFs), with the rule changes filed on March 10, 2026, becoming immediately effective after the Securities and Exchange Commission (SEC) waived the standard 30-day waiting period.

CryptopulseElite20m ago

Gate Daily Report (March 23): MicroStrategy Releases Bitcoin Buy Signal; MajiDaBro's ETH Liquidation Incurs Losses of 30.35 Million

Bitcoin has continued to decline to around $67,950, with MicroStrategy founder Michael Saylor reiterating a buy-the-dip strategy. Huang Licheng's highly leveraged ETH position was completely liquidated, with losses exceeding $30.35 million. Fidelity has called on the US SEC to improve its regulatory framework for crypto assets. US stocks have broadly declined, and market sentiment remains cautious.

MarketWhisper23m ago

Bitcoin Miners' Mining Cost Reaches $88,000, Market Price $69,200, Average Loss of 21%

Bitcoin miners currently have an average production cost of $88,000, with market prices around $69,200, resulting in losses of 21%. Mining difficulty has decreased by 7.76%, with hash price approaching the break-even line. Most mining enterprises are shifting toward AI business, and increased miner Bitcoin sales are adding selling pressure to the market. The next difficulty adjustment is expected in early April, and if conditions persist, further downward adjustments may occur.

GateNews24m ago

Tianqiao Capital Founder: BTC Four-Year Cycle Still Valid, Expects Rally to Resume in 2026 Q4

Skybridge Capital founder Anthony Scaramucci stated that Bitcoin's current bear market can be explained by the four-year cycle theory, with long-term holders concentrating their selling around $100,000. He predicts that Bitcoin will rebound in the fourth quarter of 2026, marking the start of a new bull market cycle. While institutional investor inflows and ETF capital flows have suppressed the four-year cycle, they have not completely eliminated its pattern.

GateNews40m ago
Comment
0/400
No comments