The U.S. CFTC cancels headquarters relocation plans and intends to add 100 staff members to handle prediction markets and crypto regulation

ME News Report, June 9 (UTC+8), the U.S. Commodity Futures Trading Commission (CFTC) has canceled its original headquarters relocation plan and will renew its lease at the current site for five more years to accommodate up to 100 new employees to meet industry growth and regulatory demands. The CFTC is striving to become the primary regulator of prediction markets, and if the Clarity Act passes, establishing its role as the main regulatory authority in the crypto industry, the workload is expected to increase further.
Meanwhile, the CFTC recently offered about 50 employees a deferred resignation plan and has provided buyouts to some long-term staff. Federal Personnel Management data shows that the agency's staff has decreased by nearly 25% since 2024, with only 553 remaining as of April. The CFTC is seeking to increase its total staff to 650 in its FY2027 budget request.
Additionally, under a White House executive order, 25 positions (including policy advisors and senior legal counsel) have been reclassified, removing civil service protections, allowing these employees to be dismissed at any time. (Source: PANews)
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