The U.S. Senate took a further step in the latest procedural vote to confirm two key crypto regulators. CFTC Chairman nominee Mike Selig and FDIC Chairman nominee Travis Hill have entered the final voting stage. A Senate staffer expects that a total of 97 officials nominated by President Trump, including the two, will undergo final votes next week. Selig is currently responsible for crypto-related matters at the SEC and will succeed Acting CFTC Chair Caroline Pham; meanwhile, Hill has served as Acting FDIC Chair, and this confirmation will officially appoint him. (CoinDesk)
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The U.S. Senate took a further step in the latest procedural vote to confirm two key crypto regulators. CFTC Chairman nominee Mike Selig and FDIC Chairman nominee Travis Hill have entered the final voting stage. A Senate staffer expects that a total of 97 officials nominated by President Trump, including the two, will undergo final votes next week. Selig is currently responsible for crypto-related matters at the SEC and will succeed Acting CFTC Chair Caroline Pham; meanwhile, Hill has served as Acting FDIC Chair, and this confirmation will officially appoint him. (CoinDesk)