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New CFTC Chair’s Crypto Ties Spark Conflict-of-Interest Debate
New CFTC Chair’s Crypto Ties Spark Conflict-of-Interest Debate
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Washington’s revolving door spins again—this time landing a crypto-friendly regulator atop the CFTC. The incoming chair’s deep roots in prediction markets and digital assets raise eyebrows as the agency prepares to oversee an industry it once profited from.
Regulatory capture or harmless expertise? Critics pounce on coziness with firms the CFTC must now police, while allies argue sector knowledge beats bureaucratic ignorance. Either way, it’s a textbook case of ‘watch the watcher.’
Bonus jab: At least this revolving door moves faster than SEC enforcement actions.
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