A Game-Changer for U.S. Crypto Regulations?
On the second day after Brain Quintenz was appointed as the new chairman of the Commodity Futures Trade Commission, an interesting report suggests the possibility of cooperation between the Securities and Exchange Commission and the CFTC has been released. Developed by prominent journalist Eleanor Terret, the report has caused great excitement in the cryptocurrency community. Many believe that if predictive cooperation between two regulators is achieved, it can help create better U.S. crypto-regulatory environment.
US SEC and CFTC Collaboration: What You Should Know
Terret’s report shows that these agencies are analyzing in good faith whether they can Cryptocurrency regulation.
There is enough hint in the report that the agency may even consider restoring the restoration of the charter of the Joint CFT-SEC Advisory Committee.
Although originally created in 2010, it has been inactive since 2014.
Joint Advisory Committee on Recovery: Industry and Regulatory Experts believe
Acting CFTC Chairman Caroline D Pham was one of the first regulatory directors to demand the restoration of the CFT-SEC committee. In a statement asking for a restoration, she highlighted the relevance of fostering cooperative regulatory approaches to digital assets.
SEC Commissioner Hester Pierce appointed by the U.S. President Donald Trump 
Donald Trump Donald Trump is a former American politician, businessman and media figure who served as the 45th president of the United States between 2017 and 2021. Trump received his bachelor’s degree in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as Republican nominee against Democratic nominee Hillary Clinton while losing universal suffrage. As president, Trump ordered a travel ban on citizens of several Muslim majority countries, shifting military funds to the construction of walls at the U.S.-Mexico border and implementing a family separation policy. Trump remains a prominent figure in the Republican Party and is considered a candidate for the 2024 presidential election president Lead one Special task force To create a clear crypto-regulatory environment, the importance of creating a collaborative environment to deal with matters related to the cryptocurrency industry was also enthusiastically discussed.
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Pro-Claputo leadership of SEC and CFTC
Brian Quintenz, who CFTC named Trump Yesterday’s government was previously part of the A16Z Crypto, a venture capital fund that invests in cryptocurrencies and Web3 startups.
Similarly, Paul AtkinsThe person who is likely to be appointed to the U.S. International Commission by the Trump regime is a pro-Claytop advocate.
These views simply mean that what the new government is very special is that policies related to crypto regulation must be formulated based on the leadership of people who understand cryptocurrencies and how they work.
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