🇺🇸Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next US Secretary of Commerce. The news has attracted attention because Lutnick is a cryptocurrency advocate, and his company also acts as a custodian for Tether, one of the leading stablecoins on the market.
The appointment could represent a shift in the focus of US regulation of the crypto industry, as Lutnick will oversee the development and adoption of digital assets in the financial system.
Trump’s team is also considering Teresa Goody Guillen, a partner at law firm BakerHostetler and a blockchain expert, as one of the candidates to head the SEC. If Guillen is appointed, it could be an important step toward creating a more crypto-friendly regulatory environment, given her experience and understanding of blockchain technology. https://ik.imagekit.io/lens/media-snapshot/8f4eeb587cbf127e3b256ce552ccfd32caf946179a21e15ded69deb22d98b7ea.jpg

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