According to reports, White House official David Sacks has referred to the current picks for the SEC and CFTC as a "dream team" for crypto regulation. Following Michael Selig's confirmation, Sacks suggested that the two regulatory bodies are now positioned to provide "clear regulatory guidelines" for digital assets. The development signals a potential shift towards more defined regulatory frameworks within the cryptocurrency space, though the specifics of these guidelines remain unspecified.

According to reports, White House official David Sacks has referred to the current picks for the SEC and CFTC as a "dream team" for crypto regulation. Following Michael Selig's confirmation, Sacks suggested that the two regulatory bodies are now positioned to provide "clear regulatory guidelines" for digital assets. The development signals a potential shift towards more defined regulatory frameworks within the cryptocurrency space, though the specifics of these guidelines remain unspecified.