Mike Selig, chairman of the Commodity Futures Trading Commission, is settling in with the revamping of a new innovation panel with many crypto names.
U.S. derivatives platform and clearinghouse is focusing on prediction contracts targeted at digital assets movements and economic indicators.
In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both with major potential reach into crypto.
The leader of the derivatives regulator is planning to join the crypto industry as the CFTC and other federal regulators work on policies to benefit the sector.
The CFTC granted the operators of Polymarket, PredictIt, Gemini and LedgerX permission to skip certain recordkeeping requirements.
In what are likely her final days at the agency, the acting chairman checked another box from President Donald Trump's crypto agenda.
In the prolonged process of the Senate, two key officials have faced a series of procedural steps on their way to a final vote, possibly early next week.
The chief executives of firms such as Gemini and Kraken will pitch in on U.S. policy efforts through the council's future, public discussions.
President Donald Trump's push toward friendly crypto policies produced a CFTC-led effort to encourage leveraged spot crypto trading, starting with Bitnomial.
The Senate's process is inching forward on a mass-confirmation that would include two nominations with major crypto implications.
Acting Chairman Caroline Pham said the group will help usher in a new era of market structure, including a focus on digital assets.
The day after his confirmation hearing, the Senate Agriculture Committee followed up with a quick vote to advance Mike Selig to the overall Senate for a final vote.
Mike Selig, the nominee to be the next chairman of the Commodity Futures Trading Commission, testified at his confirmation hearing in the Senate.
The CFTC's interim boss, Caroline Pham, is said to be personally guiding exchanges on launching compliant products as she also overhauls the agency.
If confirmed, current SEC official Mike Selig would take over the U.S. commodities watchdog as it's poised to be given wide authority over crypto.
President Donald Trump's administration is reportedly poised to name a nominee to swap in for the earlier pick of former Commissioner Brian Quintenz.
Both agencies are moving forward "in lockstep" on similar efforts to open the policy gates to crypto businesses, which Atkins told reporters is the "top priority."
The acting chairman of the U.S. derivatives regulator, Caroline Pham, has been pushing an aggressive "crypto sprint" to open the markets to crypto.
The predictions market firm had recently acquired the CFTC-regulated platform, and now the regulator has granted it certain concessions.
The markets agencies said in a joint statement they're OK with certain crypto assets trading on registered entities now, before Congress' market structure bill.
The U.S. derivatives regulator issued a "reminder" that foreign crypto firms registered with the CFTC as FBOTs can directly handle U.S. customers.
Democrat Kristin Johnson's exit means the crypto regulator will fall to a single commissioner, Acting Chairman Caroline Pham, as Trump's pick awaits the Senate.
The industry is now openly urging the confirmation process that was delayed by the White House for the CFTC leadership that will be key to digital assets regulation.
Winklevoss shared "significant concerns" with CoinDesk about Brian Quintenz running the agency, revealing the industry isn't entirely behind Trump's nominee.
Brian Quintenz, Trump's CFTC nominee, has been delayed twice in the vote at the committee that would send his confirmation to the Senate floor.
The last of the sitting commissioners for the U.S. regulator that may get top oversight duties over crypto is leaving along with all of her colleagues.
As Summer Mersinger exits to run the Blockchain Association and Caroline Pham talks of leaving when the new chairman arrives, the commission may fall to two.
The Republican commissioner at the U.S. commodities regulator will be jumping into the industry just as major pieces of crypto legislation are brewing.
Patrick McHenry, the ex-lawmaker who championed last year's crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.
The Commodity Futures Trading Commission has opened a public-comment period for around-the-clock derivatives activity, as seen in the digital assets space.