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US Senate Confirms Pro-Crypto Leaders for CFTC and FDIC

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The US Senate confirmed Mike Selig and Travis Hill as heads of the CFTC and FDIC, both with pro-crypto records. Selig, a former SEC lawyer, will lead the CFTC amid liquidity and crypto markets uncertainty. Hill has pushed for better risk management and criticized crypto debanking. Their appointments align with efforts to reshape digital asset regulation, including Countering the Financing of Terrorism measures.
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