The White House declares "the US is already the global crypto capital," CFTC to follow up with regulatory reforms
According to Odaily, the official White House Twitter account stated that under Trump's leadership, the United States has become the world's crypto capital. In response, the new chairman of the U.S. Commodity Futures Trading Commission, Mike Selig, commented that there is no better place for entrepreneurship than the "world's crypto capital." He added that the Commodity Futures Trading Commission is modernizing its rules and regulations to ensure that the future of cryptocurrency and on-chain finance is "Made in America."
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