White House Sends Crypto Picks To Fill SEC And CFTC Seats
The White House has nominated candidates for seats on the SEC and CFTC, drawing praise from industry groups for a bipartisan lineup.
The White House has advanced a slate of crypto-relevant nominations to fill open seats at the Securities and Exchange Commission and the Commodity Futures Trading Commission, according to TheBlock.
The nominations feature a bipartisan lineup designed to address digital asset oversight. Industry representatives have responded positively to the announcement.
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Industry Reception
Ji Kim of the Crypto Council for Innovation stated that the bipartisan lineup could foster the development of durable rules capable of safeguarding markets while supporting ongoing innovation in the sector.
Key facts
- The White House sent crypto-relevant picks to fill SEC and CFTC seats.
- Ji Kim of the Crypto Council for Innovation commented on the bipartisan lineup.
- The proposed appointments aim to develop durable rules that safeguard markets and support innovation.
Source: theblock.co
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