CFTC Announces Commissioner Departure & New Leadership Amidst Crypto Regulation Challenges

Christine Johnson, a commissioner on the Commodity Futures Trading Commission (CFTC), will depart her post on September 3, 2025, as part of ongoing changes at the agency. She has advocated for expanding the CFTC’s authority over cryptocurrencies and urged Congress to provide more resources for digital asset oversight. Her departure comes amid challenges for the CFTC, including a reduction in staff since 2017 and looming cuts in enforcement division. Acting Chair Caroline Pham, appointed by former President Trump, is seeking new rules on prediction markets after previously criticizing past policies. She has launched an expert roundtable to develop a regulatory framework for platforms like Kalshi. Meanwhile, Brian Quintenza, nominated by the current administration to lead the CFTC, awaits Senate confirmation amid delays. This leadership change coincides with the agency’s Crypto Sprint initiative, aiming to establish clear regulations for the crypto market in collaboration with the SEC.