Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, Brian Quintenz’s path to becoming the next Chair of the US Commodity Futures Trading Commission (CFTC) is far from guaranteed amid reports that President Trump was considering other candidates, Ethereum co-founder Vitalik Buterin warned that closed systems breed abuse and monopolies, urging open-source, verifiable infrastructure for healthcare, finance and voting, and the the CFTC launched an initiative to allow stablecoins in derivatives markets.

Former CFTC commissioner Brian Quintenz’s path to becoming the agency’s next chair appears far from assured amid reports that President Trump is actively considering other candidates.

According to Semafor, the Trump administration is vetting several names to succeed Acting Chair Caroline Pham. The shortlist reportedly includes former CFTC division director Josh Sterling, who served at the agency from 2019 to 2021; Securities and Exchange Commission chief counsel Mike Selig; and Treasury Secretary counselor Tyler Williams.

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