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#BinanceABCs 🚨 Breaking News: New Chair of the US CFTC Confirmed
The U.S. Senate has just officially confirmed Michael Selig to serve as Chair of the CFTC (Commodity Futures Trading Commission). The new chair is widely known for supporting the development of cryptocurrencies, and the market responded positively.
As the core regulatory authority for US crypto assets, leadership changes at the CFTC typically have a direct impact on market sentiment. The new chair’s pro-cryptocurrency stance may signal more favorable developments in futures markets, derivatives trading, and other areas.
Current
View OriginalThe U.S. Senate has just officially confirmed Michael Selig to serve as Chair of the CFTC (Commodity Futures Trading Commission). The new chair is widely known for supporting the development of cryptocurrencies, and the market responded positively.
As the core regulatory authority for US crypto assets, leadership changes at the CFTC typically have a direct impact on market sentiment. The new chair’s pro-cryptocurrency stance may signal more favorable developments in futures markets, derivatives trading, and other areas.
Current