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BREAKING: NEW CFTC CHAIR SHAKEUP 🚨👀 Crypto regs in the balance, Senate stalls Selig’s confirmation
trump’s pick for CFTC chair signals potential changes in crypto regulation: Senate delays amid shutdown could impact Selig’s confirmation, creating uncertainty in
Michael Selig is Trump’s pick for CFTC chair to bolster crypto regulation. Brian Quintenz’s nomination was withdrawn due to industry concerns. The CFTC lacks leadership due to the government shutdown. Giancarlo calls for CLARITY Act rulemaking. Selig awaits Senate approval to lead the CFTC amidst a leadership vacuum. Senate delays due to the shutdown could hinder Selig’s confirmation. The White House emphasizes balancing industry and regulatory interests in CFTC appointments. Shutdown complicates CFTC operations and appointments. Giancarlo stresses the need for a full commission to implement key regulations effectively. Selig’s confirmation pending, other potential candidates considered. Stakeholders await new leadership to shape digital asset regulations.
Michael Selig Appointed to Lead CFTC Signals Shift in Crypto
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