– Amir Zaidi Returns as CFTC Chief of Staff After Six-Year Absence – CFTC Prepares for Greater Role in Bitcoin Futures Oversight – Congress Advances Digital Asset Legislation Amid Regulatory Shifts – SEC to Introduce Innovation Exemption for Crypto Firms in January

The United States is refocusing on Bitcoin futures regulation as the Commodity Futures Trading Commission (CFTC) welcomes back Amir Zaidi, a key figure in shaping the market. He returns as Chief of Staff after a six-year absence, having previously played a significant role in launching regulated Bitcoin futures contracts.

Key Developments

Zaidi's appointment was announced by CFTC Chairman Michael Selig.
Zaidi was instrumental in the launch of Bitcoin futures trading on the Chicago Board Options Exchange in 2017.
He served at the CFTC from 2010 to 2019, holding senior positions and contributing to policy development for Bitcoin futures.
The CFTC has approved the first-ever spot cryptocurrency trading on US federal markets.

Regulatory Landscape

Congress is advancing digital asset market structure legislation, increasing the CFTC's role in oversight.
Michael Selig has been confirmed as CFTC chairman, succeeding Caroline Pham.
The SEC, led by Chairman Paul Atkins, plans to introduce an "Innovation Exemption" for crypto firms.

These changes indicate a shift in US crypto policy, with Bitcoin futures playing a central role. The return of experienced officials suggests impending regulatory developments, closely watched by market stakeholders.