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U.S. Crypto Regulation Enters Key Phase with New CFTC and SEC Leadership

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The U.S. crypto regulatory landscape is shifting as the Senate confirmed Michael Selig as CFTC chair, with David Sacks calling him and SEC Chair Paul Atkins a 'dream team' for unified oversight. Selig mentioned growing support for the Responsible Financial Innovation Act, which could expand CFTC authority. The bill faces hurdles, especially on DeFi. Selig replaces Caroline Pham, who will join MoonPay. Liquidity and crypto markets remain a focus as agencies push for clarity. Countering the Financing of Terrorism is also under review in related regulatory discussions.
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