According to Coincu, the U.S. Senate is moving forward with President Trump’s nominees for key crypto regulatory roles. Michael Selig is set to become Chairman of the Commodity Futures Trading Commission (CFTC), while Travis Hill is nominated to lead the Federal Deposit Insurance Corporation (FDIC). Selig, previously with the SEC’s cryptocurrency task force, has pledged to promote innovation and market competition. Hill aims to address banking restrictions and 'de-banking' issues. If confirmed, their appointments could significantly shape U.S. crypto regulations and banking interactions with digital assets. The market remains watchful for potential impacts.
U.S. Senate Advances Trump's Crypto Regulatory Nominations
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