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#Strategy加仓比特币 According to the latest news from Cointelegraph, Michael Selig, the chief legal advisor of the U.S. Securities and Exchange Commission (SEC) crypto task force, will appear before the Senate hearing next week. What’s the highlight of this appearance? He has been nominated as the new chairman of the Commodity Futures Trading Commission (CFTC).
On November 19, the Senate Agriculture Committee officially updated its schedule to include Selig's nomination hearing. To recap the background: President Trump had previously confirmed the nomination of Selig to replace the dismissed Brian Quintenz. Since September of this year, the CFTC chair position has been held in an acting capacity by Caroline Pham.
It is worth noting that whether Selig's nomination is ultimately confirmed or not, there is a general belief in the industry that the CFTC will experience significant changes in the regulatory landscape for digital assets. This may have far-reaching implications for the compliance direction of the entire encryption market. $BTC