Opinion: Trump's appointment of crypto-friendly individuals as heads of the SEC and CFTC alleviates market selling pressure
ChainCatcher news, according to The Block, WeFi's growth director Agne Linge stated: "Although Trump did not mention Bitcoin or cryptocurrency in his inauguration speech, some investors who quickly sold off cryptocurrencies may be reconsidering after the appointments of Mark Uyeda and Caroline Pham as chairs of the SEC and CFTC, respectively.
If the SEC can issue new rules allowing Web3 innovators to create new markets with blockchain potential, it would be a huge benefit for all stakeholders involved."
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