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Discussion also turned to the notion of appointing a dedicated “crypto czar” within the White House. While Christine acknowledged that the current Congress appears more favorable toward cryptocurrencies than ever, she made it clear that strong appointments in the Treasury, FCC, and Commodity Futures Trading Commission (CFTC) are also necessary for effective governance of the sector.
She believes that establishing a crypto czar could significantly facilitate coordination across various regulatory agencies, addressing issues that span banking, market regulation, and legislative frameworks. Christine hinted that while a crypto czar would be beneficial, it should not distract from ensuring competent leadership at crucial regulatory agencies such as the SEC.