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Crypto Council for Innovation Welcomes Bipartisan Regulator Nominees
The Crypto Council for Innovation has responded to a White House slate of nominees for regulatory seats at the SEC and CFTC, according to a report by The Block. The group's Ji Kim argued that the bipartisan group could produce lasting rules that protect markets while supporting innovation.
Industry reaction to the nominations
Ji Kim of the Crypto Council for Innovation praised the bipartisan makeup of the proposed lineup, according to The Block. Kim said the nominees could develop durable rules that safeguard markets and support innovation.
The report rests on this single statement from the industry group. The facts available do not include the names of the nominees, the seats they would fill or any response from the SEC, the CFTC or the White House.
Open questions
- Who are the nominees the White House has put forward for the SEC and CFTC seats?
- How have lawmakers and the agencies themselves responded to the nominations?