Though not the type of crypto hire we typically cover in these roundups, President-elect Donald Trump nominated Cantor Fitzgerald CEO Howard Lutnick to lead the Department of Commerce this week.

We highlighted Lutnick’s remarks on bitcoin in a September edition of the Forward Guidance newsletter. At the time, the CEO noted that traditional finance players — including banks and brokerages — would “go headfirst into bitcoin” when the regulatory environment improved. 

Trump’s election win has seemed to set the stage for that, given the crypto promises he has made (namely, “firing” Securities and Exchange Chair Gary Gensler).

Read more: Trump nominates pro-crypto…

Read more on Blockworks