New Direction in Cryptocurrency Regulation Behind Leadership Changes at CFTC and FDIC

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【Crypto World】The U.S. Senate has just confirmed two heavyweight figures: Mike Selig as Chair of the Commodity Futures Trading Commission(CFTC), and Travis Hill as President of the Federal Deposit Insurance Corporation(FDIC). These two decisions send a clear signal — U.S. cryptocurrency regulation is shifting direction.

What does this mean for the crypto market? Let’s start with the CFTC. Selig’s appointment finally brings the CFTC to a quorum, meaning they can truly take action and develop more forward-looking rules. In contrast, the SEC has maintained a relatively tough stance, which has caused some concern among many trading platforms. With the CFTC’s increased influence, the industry may see a clearer and more constructive regulatory framework.

The changes at FDIC are also noteworthy. With Hill’s appointment, regulatory rules concerning stablecoins are expected to become more reasonable. This is a positive development for the overall Web3 ecosystem’s financial stability — after all, stablecoins are the foundation of on-chain transactions.

Overall, the U.S. is adjusting its attitude toward the cryptocurrency industry, gradually shifting from a relatively conservative stance to a more open and innovation-friendly approach. This gradual policy optimization could provide industry participants with clearer regulatory guidance.

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BtcDailyResearchervip
· 12-22 13:42
Selig and Hill came up, feeling that the regulatory winds are finally loosening up? Those SEC people are really making everyone so fed up.
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ColdWalletGuardianvip
· 12-19 22:42
Haha, finally someone has filled the CFTC position. The SEC folks should step aside. Wait, can we really breathe a sigh of relief on the stablecoin front? It's called "reasonable," but it still feels like we can't see when it will truly materialize. Segregation's timely arrival prevents regulatory agencies from just arguing; who benefits from that? It feels like another wave of policy signals. The coin price is still the same, don't be brainwashed. As for the FDIC leadership change, we need to see how it is implemented; just talking won't help. Basically, it's still a power struggle between two factions. Retail investors are caught in the middle. But on the other hand, this personnel change is indeed less aggressive than before. It's worth paying attention to.
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ParallelChainMaxivip
· 12-19 22:41
Hey, isn't it... Seliger is finally in position? Now the CFTC can get serious, much tougher than the SEC's hardliners. The stablecoin sector is finally saved, maybe a real change is coming.
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TaxEvadervip
· 12-19 22:33
Wait, Selick is finally in place? Now the CFTC can really start to act. Compared to the SEC folks who are always hard on us, at least the CFTC seems to be a bit more rational... But on the other hand, with a clear regulatory framework, you have to be careful, it's easy to get caught.
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Ser_APY_2000vip
· 12-19 22:32
Bro, are those SEC guys finally going to be restrained? Now the CFTC can really step in, now that's more like it!
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