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ðºðž U.S. Senate Approves Crypto-Friendly Leaders
ðž The U.S. Senate has approved two key regulatory leadership positions with significant impact on the crypto sector.
ðž Mike Selig will lead the Commodity Futures Trading Commission (CFTC), an agency expected to play a larger role in regulating crypto markets.
ðž Travis Hill will head the Federal Deposit Insurance Corporation (FDIC), which directly influences how banks and stablecoin institutions interact with crypto.
ðž The approvals passed with a vote of 53 in favor and 43 against.