Opinion: Trump's appointment of crypto-friendly individuals as the heads of the US SEC and CFTC alleviates market pressure

According to The Block, WeFi Growth Director Agne Linge said: Despite Trump not mentioning Bitcoin or cryptocurrencies in his inaugural speech, some investors who quickly sold off their cryptocurrencies may be reconsidering after cryptocurrency supporters Mark Uyeda and Caroline Pham were appointed as chairs of the SEC and CFTC.

If the SEC can issue new rules allowing Web3 innovators to create new markets with blockchain potential, it would be a huge benefit for all relevant stakeholders.