Golden Finance reports that Chris Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission (CFTC), once promoted the legalization of Bitcoin futures and is hailed as the "Father of Cryptocurrency" by the industry. Giancarlo has publicly stated on multiple occasions that the CFTC is ideal for regulating the crypto market, especially in the context of Bitcoin and Ethereum being considered commodities. The Trump administration’s plan is in line with Giancarlo’s advocacy and provides policy support for the CFTC to play a greater role in digital asset regulation. However, the CFTC’s human and budgetary resources are relatively limited compared to the SEC’s. In 2024, the CFTC’s operating budget will be $400 million, just one-sixth that of the SEC, and its staff will be far smaller than the SEC’s. Under such circumstances, whether the CFTC can handle the expanded scope of responsibilities remains an important practical question.