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Two positive news have emerged from the cryptocurrency market, related to a newly established committee in the United States and CFTC

Two positive news have emerged from the cryptocurrency market, related to a newly established committee in the United States and CFTC

Bitget2025/01/10 07:27

According to Cointelegraph, less than two weeks before Trump officially takes office as President of the United States, there are two positive news in the cryptocurrency market. According to a report by Fox Business News, the U.S. Senate Banking Committee is preparing to announce the establishment of its first subcommittee focused on digital assets - the Cryptocurrency Subcommittee. The new chairman of the Senate Banking Committee, Tim Scott, has preliminarily selected pro-cryptocurrency Senator Lummis as chairwoman of the new committee; she had echoed Trump's initiative to establish strategic Bitcoin reserves. In addition, according to sources quoted by cryptocurrency media Unchainedcrypto, due to current CFTC Chairman Rostin Behnam's resignation, pro-cryptocurrency CFTC Commissioner Summer Mersinger has become a leading candidate for this position. She once expressed discomfort with CFTC’s practice of "establishing certain policies through enforcement cases".

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