Senator John Thune of South Dakota has been elected as the new Senate majority leader, bringing hopes for clearer cryptocurrency regulations in the US. Known for supporting crypto-friendly policies, Thune has backed expanding the Commodity Futures Trading Commission's (CFTC) role in overseeing digital assets, positioning it as an alternative to the SEC's approach. He co-sponsored the Digital Commodities Consumer Protection Act, aimed at giving the CFTC more authority over cryptocurrencies like Bitcoin and Ether. Thune's leadership is seen as a potential boost for the crypto community seeking regulatory clarity.
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