FTX US Hires Former CFTC Commissioner as Head of Policy and Regulation

FTX US Hires Former CFTC Commissioner as Head of Policy and Regulation
Cryptocurrency exchange FTX US has tapped former U.S. Commodity Futures Trading Commision (CFTC) commissioner Mark Wetjen as its head of policy and regulatory strategy, the company announced Tuesday. The move comes at a time when the crypto industry is facing heightened scrutiny from regulators in the U.S. and around the world.Wetjen will be responsible for FTX US’s communications with U.S. regulatory and legislative bodies, such as the CFTC, the Securities and Exchange Commission (SEC) and various House and Senate Committees. He will also be advising FTX US on its compliance standards and reporting operations.Prior to joining FTX US, Wetjen served…