The Trump team has reviewed at least 6 potential candidates for CFTC chairman

ChainCatcher news, according to FOX Business, Trump's transition team has reviewed at least six potential candidates to serve as the chairman of the Commodity Futures Trading Commission (CFTC), as Trump aims to fulfill his promise of providing a more favorable regulatory environment for the cryptocurrency industry. Under Trump's leadership, the CFTC could play a larger role in regulating the $3.5 trillion cryptocurrency market, including overseeing the spot markets for digital assets like Bitcoin and Ethereum, if permitted by Congress, where the regulatory environment remains unclear.

In recent weeks, Trump's transition team has interviewed CFTC Commissioner Summer Mersinger, Andreessen Horowitz's head of crypto policy Brian Quintenz, and former Kraken Chief Legal Officer Marco Santori, who has not yet announced his departure from the crypto exchange and may seek a position in the U.S. government. Other candidates reviewed and still on the shortlist include Republican Commissioner Caroline Pham, as well as attorneys Neal Kumar and Josh Sterling, who have held senior positions at the agency.