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PANews, January 1st – According to an official announcement on the CFTC website, Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced that Amir Zaidi will serve as Chief of Staff of the CFTC. Amir Zaidi previously held multiple positions at the U.S. CFTC from 2010 to 2019, including Director of the Division of Market Oversight. During his tenure, he was responsible for overseeing the certification and deployment of bitcoin futures contracts, the first federally regulated cryptocurrency product. Before returning to the CFTC, Amir Zaidi served as Global Head of Compliance at a major broker-dealer and introducing broker. Prior to 2010, Amir Zaidi held various financial, legal, and regulatory roles in New York and Washington. He has decades of experience in the financial services industry.

According to Odaily, on the occasion of its fifth anniversary, BitFuFu Chairman and CEO Leo Lu released an open letter to users, systematically reviewing the company's development path and long-term strategy since its establishment in 2020. The letter revealed that BitFuFu has mined nearly 30,000 bitcoins since its inception, maintaining stable operations through multiple market cycles. BitFuFu was listed on an exchange on March 1, 2024 (stock code: FUFU). According to a Frost & Sullivan report, BitFuFu has grown into the world's largest cloud mining platform, serving over 640,000 users and achieving annual profitability. As of now, the company manages a peak hashrate of over 38EH/s, with a peak power capacity of 752 megawatts. Its business covers cloud mining, proprietary mining, hosting, and mining equipment services, with a continuously expanding global user base. In terms of future planning, BitFuFu stated that it will gradually shift from a light-asset model to a more flexible vertically integrated model, strategically deploying its own assets while maintaining platform advantages. The company plans to explore self-powered mining and full-chain energy management, promote the integration of cloud mining and real-world assets (RWA) under a compliance framework, and prudently expand into new global regions and partnerships.

According to Odaily, the U.S. Commodity Futures Trading Commission (CFTC) has announced that Amir Zaidi, a key policymaker who previously oversaw the launch of regulated Bitcoin futures in the U.S., is returning to the agency after six years to serve as CFTC Chief of Staff. CFTC Chairman Michael Selig emphasized the wealth of experience Amir Zaidi brings, noting that Zaidi played a crucial role in the launch of CFTC-regulated Bitcoin futures contracts during the first Trump administration. Michael Selig stated that as Congress prepares to send digital asset market structure legislation to the President’s desk, Amir Zaidi will provide experience and expertise as the CFTC formulates regulations for the rapidly evolving commodity markets. Zaidi held multiple positions at the CFTC from 2010 to 2019. In his final two years, he served as Director of the Division of Market Oversight, where he supervised and facilitated the establishment of the regulated Bitcoin futures market in the United States. (Cointelegraph)