PANews
PANews|Jun 09, 2026 01:23
[US CFTC Cancels Headquarters Relocation Plan, Plans to Add 100 Employees to Address Prediction Markets and Crypto Regulation] According to Bloomberg, the U.S. Commodity Futures Trading Commission (CFTC) has canceled its planned headquarters relocation and will extend its lease at the current location for another five years to accommodate up to 100 new employees in response to industry growth and regulatory demands. The CFTC is striving to become the primary regulatory authority for prediction markets, and if the 'Clarity Act' is passed, establishing its role as the main regulator for the crypto industry, the workload is expected to increase further. Meanwhile, the CFTC recently offered deferred resignation plans to about 50 employees and has provided buyouts to some long-term staff. Data from the Office of Personnel Management shows that the agency's workforce has decreased by nearly 25% since 2024, leaving only 553 employees as of April. In its fiscal year 2027 budget request, the CFTC is seeking to increase its total staff to 650.
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