BTCC / BTCC Square / Global Cryptocurrency /
Trump Signals Openness to Democratic SEC, CFTC Picks in Potential Boost for Crypto Legislation

Trump Signals Openness to Democratic SEC, CFTC Picks in Potential Boost for Crypto Legislation

Published:
2025-12-17 01:21:02
17
3
BTCCSquare news:

President Donald Trump has signaled a willingness to appoint Democratic commissioners to key financial regulatory agencies, marking a potential turning point for stalled cryptocurrency legislation. The move could unblock the Senate's long-delayed crypto market structure bill by addressing partisan deadlocks at the SEC and CFTC.

Federal law mandates that five-member commissions maintain at least two minority-party members. This requirement gained urgency as the CFTC currently lacks Democratic representation, while the SEC's composition remains incomplete. Trump's Oval Office remarks suggest strategic concessions may be forthcoming: "There are certain areas we do share power, and I'm open to that."

Market analysts note such appointments could accelerate regulatory clarity for digital assets. The development comes as Congress weighs frameworks to define jurisdiction over cryptocurrencies between the SEC and CFTC—a division that has left many projects in legal limbo.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.