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Senate Confirms Trump's Pro-Crypto Picks for CFTC and FDIC

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The U.S. Senate confirmed Mike Seyah as CFTC Chair and Travis Hill as FDIC Chair in a 53–43 vote. Both are pro-crypto and aim to reshape regulatory approaches. Seyah, a former SEC official, is pushing blockchain integration and tokenized collateral. Hill, a former acting FDIC chair, has reversed restrictive crypto policies. Their appointments address long-standing vacancies and signal a regulatory shift. The CFTC and FDIC now have leadership that supports liquidity and crypto markets. Seyah and Hill’s actions could also influence efforts in Countering the Financing of Terrorism.
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