Senate Committee to Vote on CFTC Chair Nomination
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BTCCSquare news:
The Senate Agriculture Committee is scheduled to vote Monday on advancing Brian Quintenz's nomination for Chair of the Commodity Futures Trading Commission (CFTC). The decision follows Quintenz's confirmation hearing last month, which outlined his regulatory priorities for the derivatives market.
Market participants are closely watching the proceedings, as the CFTC plays a pivotal role in shaping cryptocurrency derivatives regulation. A confirmed chair could bring renewed clarity to oversight of crypto futures and swaps trading across major exchanges.
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