SEC, CFTC to push united crypto work now that they both have Trump-appointed heads
The SEC and CFTC are set to collaborate more closely on cryptocurrency regulation following the appointment of new leaders by former President Trump. Gary Gensler, head of the SEC, and Rostin Behnam, head of the CFTC, are both seen as having a strong understanding of the crypto market. Their united front aims to create a more cohesive regulatory framework for the rapidly evolving digital asset space. This collaboration is expected to enhance oversight and address regulatory gaps that have emerged as the crypto industry grows.
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