White House’s Candidate for the Critical CFTC Chair Position Has Been Revealed – Here His Their Views on Cryptocurrency

The White Home is investigating Josh Sterling into the place of chairman of the Commodity Futures Buying and selling Fee (CFTC), in keeping with Semaphore reporter Eleanor Mueller, after the deadlock within the nomination of Brian Qutenz.

Sterling has served for greater than 20 years on the derivatives and securities markets, each as a senior authorized adviser within the non-public sector as a monetary regulator on the federal degree.

Presently employed by Jones Day, Sterling advises purchasers on the derivatives markets with which numerous regulatory authorities are confronted, together with the CFTC and SEC. He additionally has expertise with working intently with self -regulating organizations such because the CME and NFA.

Sterling, additionally lively within the Cryptocurrency sector, advises mining and Defi platforms and assists within the institution of exchanges of recent derivatives. He beforehand served as director of the CFTC’s Division of Market members, the place he supervised the regulation of greater than 3,300 banks, brokerage corporations and asset managers.

*This isn’t funding recommendation.