๐บ๐ธ Urgent: Trump's nominee for CFTC chair, Brian Quintenz, praises blockchain and calls for clear crypto regulations! ๐
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๐ฃ๏ธ "Technology that shapes society":
Brian Quintenz, President Trump's nominee for chair of the Commodity Futures Trading Commission (CFTC), described blockchain as "technology that shapes society" and has the potential to transform multiple aspects beyond finance.
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๐ก Call for clear regulations:
Quintenz emphasized the need for clear and organized rules for cryptocurrencies to ensure that the United States remains at the forefront of technological innovation and protects its global leadership position in this field.
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๐ Importance:
These statements, which come ahead of his confirmation hearing in the Senate, indicate an approach that supports innovation while calling for a specific and clear regulatory framework. This enhances optimism for a more organized and clear future for the crypto market in the United States, which could encourage more institutional adoption.
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๐ค Do these statements indicate the approach of an era of regulatory clarity for the American crypto market?
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