🚨 U.S. Senate Confirms Crypto-Friendly Regulators 🇺🇸
The Senate has approved Mike Selig as Chair of the CFTC and Travis Hill as Chair of the FDIC in a 53–43 vote, filling two long-vacant leadership roles just as U.S. crypto market-structure and stablecoin legislation moves forward.
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• Selig, a pro-crypto legal expert and former SEC crypto task force counsel, is expected to push digital assets higher on the CFTC’s agenda—potentially expanding oversight across derivatives and broader crypto markets.
• Hill, known for opposing “debanking,” signals a more supportive stance toward crypto firms and clearer rules for banks and stablecoin issuers.
• Together, these appointments point to a shift toward regulatory clarity and innovation under the Trump administration.
Bottom line: With permanent leadership now in place at two key agencies, U.S. crypto regulation may be entering a more structured, engaged, and predictable phase.
