ChainCatcher news, according to Cointelegraph, Trump's transition team is considering pro-crypto Summer Mersinger to serve as the chair of the Commodity Futures Trading Commission (CFTC). Mersinger advocates for a more lenient regulatory approach to cryptocurrencies and has criticized the CFTC for handling crypto companies with an "enforcement-first" approach.Other candidates include former CFTC commissioner Jill Sommers and former official Josh Sterling. This move could impact the regulatory direction of the U.S. crypto market.

ChainCatcher news, Kaiko data shows that Binance.US's trading volume has dropped to a market share of 1.5% in the U.S. cryptocurrency exchange market, a new low for the year. Coinbase's market share has also decreased from 56.5% at the beginning of 2023 to 51% by the end of June, while the market shares of exchanges including LMAX, Bitstamp, and Kraken have increased. (Source link)