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'Pro-virtual-asset' figure Michael Selick officially sworn in as U.S. CFTC chairman (KST 09:35 scheduled send)

Bloomingbit Newsroom

Summary

Bitcoin Magazine reported, "Michael Selick completed the official swearing-in the day before and began his term as CFTC chairman."
Bitcoin Magazine stated, "Chairman Selick is regarded as a figure who has shown a relatively favorable stance toward Bitcoin and the virtual asset industry."
Bitcoin Magazine reported, "The CFTC is a key regulatory agency that oversees major virtual asset derivatives such as Bitcoin and Ethereum, and the change of chairman could affect future regulatory direction and market supervisory stance."

A figure known for a pro-virtual-asset (cryptocurrency) stance officially took office as head of the U.S. Commodity Futures Trading Commission (CFTC).

On the 23rd (local time), according to Bitcoin Magazine, Michael Selick completed the official swearing-in the previous day and began his term as CFTC chairman. Chairman Selick is regarded as a person who has shown a relatively favorable stance toward Bitcoin (BTC) and the virtual asset industry.

The CFTC is a key regulatory agency that oversees major virtual asset derivatives such as Bitcoin and Ethereum. The change of chairman is attracting industry attention because it could affect the future regulatory direction and market supervisory stance of the virtual asset derivatives market.