John Thune• Объект человек » Персоналии по алфавиту » Персоналии на Тю » Тьюн, Джон Becomes Senate
Majority Leader, Raising Hopes
of CFTC Crypto
Jurisdiction
John Thune• Объект человек » Персоналии по алфавиту » Персоналии на Тю » Тьюн, Джон, sponsor of a previous effort to give the CFTC regulatory
jurisdiction over crypto, was voted the new Senate Majority Leader. From this
position, he represents a growing pro-crypto movement in Congress.
Thune may attempt to empower the CFTC over crypto once again, but this is not
his only option for friendlier regulations.
Thune s Crypto History
According to recent reports , South Dakota Senator John Thune• Объект человек » Персоналии по алфавиту » Персоналии на Тю » Тьюн, Джон is set to be the
Republican Party• Объект организация » Организации по алфавиту » Организации на Ре » Республиканская партия США s new Senate leader. Commentators within the community
are hopeful about Thune s possible impact on crypto regulation because
he has supported the industry in the past. The BBC• Объект организация » Организации по алфавиту » Организации на Бр » BBC (Би-би-си)
• Средства массовой информации » Средства массовой информации Великобритании » BBC (Би-би-си) claimed that Thune is not a
close Trump ally, but he professed his loyalty.
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I am extremely honored to have earned the support of my colleagues to
lead the Senate in the 119th Congress. This Republican team is united behind
President Trump s agenda, and our work starts today, Thune said
via social media post .
Specifically, Thune previously sponsored a bill to bring cryptocurrency
regulation• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта under the CFTC s jurisdiction. The Commodity Futures Trading
Commission (CFTC) generally has looser compliance than the SEC, which has
frequently ruled against crypto in the past. Presumably, Thune could use his
new position to restart this tactic or otherwise facilitate the industry.
However, it is worth noting that although the Commission has appointed crypto
advocates to prominent roles, it hasn t been an entirely friendly
entity. In particular, it has engaged in crackdowns on non-US businesses ,
claiming that access to US customers is a privilege.
More to the point, the CFTC s reputation as the most pro-crypto
regulator may change under Trump. One of Trump s largest campaign
promises to the industry was a vow to fire SEC Chair Gary Gensler , after all.
Gensler s replacement will likely be much friendlier to the industry.
Additionally, a Republican Congressman also filed a bill to encourage SEC-CFTC
cooperation in the crypto space. An effort like this could further undermine
any anti-crypto voices in the SEC. Finally, the industry is experiencing
substantial momentum, and it will have many options to pursue friendly
policies.
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