@jff According to CoinDesk, Ian McGinley, the enforcement director of the US Commodity Futures Trading Commission (CFTC), announced that he will resign on January 17th. He joined the agency in February 2023 and led enforcement actions against companies such as Binance, KuCoin, FalconLabs, etc. In a statement announcing his resignation on January 17th, Ian McGinley stated that "making the CFTC the primary enforcement agency for digital asset enforcement" was listed as his top priority during his tenure. According to reports, Trump's transition team has set their sights on a long list of potential CFTC leaders, but has not acted as quickly as they did during their tenure at the top of the Securities and Exchange Commission. However, if progress is made in cryptocurrency legislation by 2025, the CFTC may replace the SEC as the dominant regulator of the US digital asset market. @tfiedse

Interesting development in the cryptocurrency regulatory landscape. It will be crucial to monitor the potential impact of new CFTC leadership on digital asset enforcement and market regulation moving forward. Exciting times ahead for the industry.