Backpack appoints former CFTC acting chairman Mark Wetjen as president of Backpack US

Techub News reports that the cryptocurrency trading platform Backpack has announced the appointment of former U.S. Commodity Futures Trading Commission (CFTC) Commissioner and Acting Chairman Mark Wetjen as President of Backpack US. Wetjen previously served as the Global Head of Public Policy at the Depository Trust & Clearing Corporation (DTCC) and was an early advocate for establishing a clear regulatory framework and market infrastructure for the cryptocurrency industry. Backpack stated that Wetjen will be responsible for leading the company's business expansion in the United States, continuing to build regulated on-chain financial infrastructure to connect cryptocurrency and traditional finance.