CFTC Chair appoints former Bitcoin futures lead as Chief of Staff

New U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has appointed Amir Zaidi as his Chief of Staff, The Block reported. Zaidi previously worked at the CFTC from 2010 to 2019, where his responsibilities included overseeing Bitcoin futures contracts. Chairman Selig stated that with the Republican-led Congress preparing to send the crypto market structure bill (CLARITY Act) to President Donald Trump, he expects Zaidi to apply his expertise to develop regulations suitable for the rapidly changing commodities market.