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Johnson warns of governance vacuum as she leaves CFTC

Lack of commissioners risks stalling rulemaking at critical juncture for new crypto initiatives

Boardroom with empty table and chairs

As she left the US Commodity Futures Trading Commission last week, commissioner Kristin Johnson warned that a leadership in limbo could hamstring the agency, at precisely the point when president Donald Trump’s administration is looking for a rapid expansion of the market for cryptocurrency products.

Speaking at the Brookings Institution last week, Johnson said that any expansion of the CFTC’s

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