PANews reported on December 19th, citing CoinDesk, that on Thursday, the US Senate began confirming a large number of nominees for President Trump, including two officials who will hold key regulatory positions in the cryptocurrency space. The Senate approved Mike Selig as head of the Commodity Futures Trading Commission (CFTC) and Travis Hill as head of the Federal Deposit Insurance Corporation (FDIC). Selig will play a leading role in cryptocurrency regulation, succeeding Acting Chair Caroline Pham, who has been pushing an aggressive cryptocurrency policy agenda in the absence of the agency's permanent chair.



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