[Former Acting CFTC Chairman Mark Wetjen Appointed President of Backpack US to Build Compliant On-Chain Financial Infrastructure] Odaily Planet Daily News: Crypto trading platform Backpack has announced the appointment of former U.S. Commodity Futures Trading Commission (CFTC) Commissioner and Acting Chairman Mark Wetjen as President of Backpack US. Wetjen previously served as the Global Head of Public Policy at the Depository Trust & Clearing Corporation (DTCC) and was an early advocate for establishing clear regulatory frameworks and market infrastructure for the crypto industry. Backpack stated that Wetjen will be responsible for leading the company's business expansion in the U.S., with a focus on advancing compliant product development, regulatory collaboration, and market expansion to build compliant on-chain financial infrastructure connecting the crypto market with the traditional financial system.