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U.S. Crypto Regulation Shifts as CFTC and FDIC Appoint New Leaders

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The U.S. Senate confirmed Mike Selig as CFTC chair and Travis Hill as FDIC president, signaling a potential shift in crypto regulation. Selig’s appointment allows the CFTC to meet its quorum and push forward with clearer rules. The FDIC’s new leadership may help shape more reasonable stablecoin policies. With Countering the Financing of Terrorism concerns in mind, the changes could improve liquidity and crypto markets oversight. Exchanges like Coinbase may benefit from a more balanced regulatory approach.
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