Analysis: Former CFTC Official Amir Zaidi Returns as Chief of Staff, Potentially Beneficial for the Crypto Market

Odaily News According to an announcement from the U.S. Commodity Futures Trading Commission (CFTC), Amir Zaidi, a key policymaker who oversaw the launch of regulated Bitcoin futures in the United States, has returned after a six-year absence to serve as the CFTC's Chief of Staff. CFTC Chairman Michael Selig emphasized the extensive experience Amir Zaidi brings, noting that he played a crucial role in the launch of the CFTC-regulated Bitcoin futures contract during the first term of the Trump administration. Michael Selig stated that as Congress prepares to send digital asset market structure legislation to the President's desk, Amir Zaidi will provide experience and expertise as the CFTC develops regulations for the rapidly evolving commodity markets. He held multiple positions at the CFTC from 2010 to 2019. In his final two years of service, he served as Director of the Division of Market Oversight, responsible for supervising and facilitating the establishment of the regulated Bitcoin futures market in the United States. (Cointelegraph)