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White House sends crypto-relevant picks to fill SEC and CFTC seats

White House sends crypto-relevant picks to fill SEC and CFTC seats
AI summary

The White House has sent crypto-relevant nominees to fill open seats at the SEC and CFTC, a move that could reshape how both agencies regulate digital assets. The Crypto Council for Innovation's Ji Kim called the bipartisan lineup capable of developing durable rules that safeguard markets while supporting innovation. Traders would care because clearer, more stable leadership at the two main US market regulators could reduce regulatory uncertainty hanging over crypto.

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