The Commodity Futures Trading Commission (CFTC) is experiencing increased significance in the crypto world, potentially even surpassing the U.S. Securities and Exchange Commission (SEC). As regulations evolve, the CFTC’s influence is expanding, particularly following changes under Trump’s SEC leadership. Many cryptocurrencies are now overseen by the CFTC instead of the SEC. 2024 brought a significant shift in regulatory approach with Donald Trump appointing Michael Selig as the new chairman of the CFTC. With a background working with the SEC on cryptocurrency matters and leading a task force, his pro-crypto stance is expected to shape the CFTC’s direction toward greater support for cryptocurrencies.