đ¨ $BTC SHOCK OVER THE SEC SHAKE-UP!
Trump nominated Steven Levine to fill the seat of Hester Peirce, the âCrypto Momâ who led the SECâs crypto task force, and completed the lineup with 3 more nominations for the SEC and CFTC. To me, this is what will determine whether the United States finally gets clear rules for crypto or whether we spend another year in the dark.
Take a look at the detail nobody is noticing:
â The SEC currently has only 2 of its 5 commissioners serving, and the CFTC just 1 of 5: its chairman, Michael Selig, is on his own; without these 4 nominees, the two agencies overseeing the crypto market canât even vote on new rules.
â Levine, a Republican, would fill Peirceâs seat until June 5, 2030; alongside him, Democrat Kristin Johnson, a former CFTC commissioner, would take Caroline Crenshawâs seat through 2029.
â At the CFTC, Nathan Anonick and Matthew Rowland, both involved in work on the Clarity Actâand the clock is ticking: Democrats take control of the Senate in January, so Republicans have just weeks to confirm all 4.
Do you think these 4 nominees will finally bring clear rules for crypto, or will everything stay the same? đ
$BTC $ETH
#SEC #Trump #Crypto
Trump nominated Steven Levine to fill the seat of Hester Peirce, the âCrypto Momâ who led the SECâs crypto task force, and completed the lineup with 3 more nominations for the SEC and CFTC. To me, this is what will determine whether the United States finally gets clear rules for crypto or whether we spend another year in the dark.
Take a look at the detail nobody is noticing:
â The SEC currently has only 2 of its 5 commissioners serving, and the CFTC just 1 of 5: its chairman, Michael Selig, is on his own; without these 4 nominees, the two agencies overseeing the crypto market canât even vote on new rules.
â Levine, a Republican, would fill Peirceâs seat until June 5, 2030; alongside him, Democrat Kristin Johnson, a former CFTC commissioner, would take Caroline Crenshawâs seat through 2029.
â At the CFTC, Nathan Anonick and Matthew Rowland, both involved in work on the Clarity Actâand the clock is ticking: Democrats take control of the Senate in January, so Republicans have just weeks to confirm all 4.
Do you think these 4 nominees will finally bring clear rules for crypto, or will everything stay the same? đ
$BTC $ETH
#SEC #Trump #Crypto
