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Turkmenistan legalizes cryptocurrency mining and trading, but still bans its use as a means of payment
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Analysis: The USDC/USDT premium index resonates with market liquidity indicators, and a rebound may occur in the short term.
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Analysis: Former US CFTC official Amir Zaidi returns as Chief of Staff, potentially benefiting the crypto market
Odaily Planet Daily reports that the U.S. Commodity Futures Trading Commission (CFTC) announced that Amir Zaidi, a key policymaker who previously regulated the launch of U.S.-regulated Bitcoin futures, has returned after six years to serve as the CFTC Chief of Staff. CFTC Chairman Michael Selig highlighted the extensive experience Amir Zaidi brings and stated that he played a crucial role in the launch of Bitcoin futures contracts regulated by the CFTC during Donald Trump’s first term. Michael Selig said that as Congress prepares to submit legislation on the digital asset market structure to the President, Amir Zaidi will provide experience and expertise in developing regulations for the rapidly evolving commodity markets. He held multiple positions at the CFTC from 2010 to 2019. In his last two years, he served as Director of the Market Oversight Division, overseeing and facilitating the establishment of the U.S.-regulated Bitcoin futures market. (Cointelegraph)