๐Crypto enthusiasts, brace yourselves! President Biden is shaking up the financial regulators' leadership, and it's looking good for us. ๐ He's nominating Christy Goldsmith Romero, a pro-crypto voice from the CFTC, to replace FDIC Chair Martin Gruenberg. Also, CFTC Commissioner Kristin Johnson is set to become the next Assistant Secretary for Financial Institutions at the Treasury Department.
But wait, there's more! Caroline Crenshaw, despite her anti-crypto stance, is to remain a commissioner at the SEC. ๐ค
All these nominations are subject to a Senate vote, so let's keep our fingers crossed. ๐ค
What do you think of these changes? Share your thoughts below! ๐
#CryptoNews #BidenAdministration #RegulatoryShuffle