Kristin Johnson, the last of the four sitting commissioners at the Commodity Futures Trading Commission (CFTC), has announced her intention to leave, thereby leaving the agency with no current commissioners before the anticipated confirmation of incoming chairman Brian Quintenz by President Donald Trump. Johnson, who joined the CFTC as a Democrat, revealed her exit plans alongside her colleagues, raising concerns about the agency's capacity to respond to legal challenges if it attempts to set policies with a single commissioner. The CFTC, expected to oversee U.S. cryptocurrency regulation, may face significant operational difficulties under these circumstances, given that it can function without a full complement of commissioners but risks legality issues in unilateral decision-making. Johnson emphasized the importance of fostering dialogue on digital assets and preparing the commission for future regulations in her farewell statement, although her departure prompts immediate uncertainty for the regulator's future without a full board.

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