White House Explores New Pro-Crypto CFTC Candidates Amid Quintenz’s Confirmat...
The White House is reportedly exploring new pro-crypto candidates to lead the Commodity Futures Trading Commission (CFTC) as the confirmation of President Donald Trump’s initial pick, Brian Quintenz, has stalled. Related Reading: South Korea’s BDACS Launches First Won-Backed Stablecoin Ahead Of Q4 Framework White House Eyes More Crypto-Friendly Candidates On Thursday, Bloomberg reported that the […]
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Former CFTC chairman Christopher Giancarlo argued that the CFTC is the only U.S. regulatory agency that has experience regulating markets for Bitcoin and crypto. Amid the United States Securities and Exchange Commission (SEC) expanding the scope of oversight of the cryptocurrency industry, a commissioner with the Commodity Futures Trading Commission (CFTC) argued that crypto regulation doesn’t fall under the SEC’s jurisdiction.CFTC commissioner Brian Quintenz took to Twitter on Wednesday to declare that cryptocurrencies like Bitcoin (BTC) should be regulated by the CFTC rather than the....
The Commodity Futures Trading Commission (CFTC) has announced the next phase of the agency’s “Crypto Sprint” initiative, which aims to examine and implement recommendations from the White House. Related Reading: Crypto Demand On The Rise: Wealthy Asian Investors Seek To Increase Digital Assets Portfolio CFTC Launches New “Crypto Sprint” Phase On Thursday, CFTC acting chair […]
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening in preparing for a recession. White House Dismisses Recession Concerns White House Chief of Staff Ron Klain, President Joe Biden’s top aide, shared his economic outlook in an interview with MSNBC Thursday. He said: We are not in a recession … Unemployment claims remain at a historical low … The economy is growing. It is strong.....
A new pro-crypto political action committee (PAC) has been established in the United States amid increased favorable legislation surrounding digital assets in the country under President Donald Trump’s second term in the White House. $100 Million To Boost Pro-Crypto Candidates The Fellowship PAC, unveiled through a press release on Monday, has pledged over $100 million […]
With the addition of Caroline Pham’s and Summer Mersinger’s names sent to the Senate for confirmation, the U.S. president has the opportunity to completely reshape the CFTC leadership. The White House has officially submitted President Joe Biden’s nominations to fill two seats at the Commodity Futures Trading Commission with the upcoming departure of another commissioner.In a Friday announcement, the White House said it had sent Citi managing director Caroline Pham’s and Summer Mersinger’s names to the Senate for confirmation. Mersinger previously served as chief of staff to commissioner....