CFTC brings back architect of US Bitcoin futures as chief of staff

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CFTC brings back architect of US Bitcoin futures as chief of staff
CFTC brings back architect of US Bitcoin futures as chief of staff
Jon Cuthbert
Written by Jon Cuthbert
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The US commodities regulator appointed an official as chief staff.

The Futures Trading Commission confirmed Amir Zaidi returned after years.

The move comes as United States prepares digital asset legislation.

CFTC chairman Michael Selig said Zaidi strengthens readiness for change.

Grateful for willingness to return as chief.

Michael Selig said.

Selig said Zaidi helped launch regulated Bitcoin futures markets nationally.

Amir was instrumental in launching bitcoin futures.

Michael Selig said.

Selig added Congress is close to advancing digital asset legislation.

He said Zaidi will help shape commodity and crypto regulations.

Zaidi previously worked at the CFTC between two thousand ten.

He held multiple senior roles during his earlier tenure there.

Zaidi later served as director of the Division of Oversight.

He oversaw policy frameworks enabling regulated Bitcoin futures trading nationally.

The 2017 CBOE launch marked a milestone for crypto legitimacy.

Digital assets then faced widespread scepticism from regulators and institutions.

After leaving CFTC Zaidi moved into private sector compliance roles.

He most recently served as compliance head at TP ICAP.

His return comes as United States crypto regulation enters phase.

Lawmakers are expected to debate digital asset market structure bills.

The CFTC is likely to gain authority over crypto markets.

At the time of reporting, Bitcoin price was $87,768.75.

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