Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, CFTC Chair Michael Selig said the vacancies of four other commissioners at the agency won’t slow the regulator’s rulemaking, Jean-Didier Berger said at Paris Blockchain Week that France is preparing new steps to protect crypto holders as wrench attacks and kidnappings keep mounting in the country and World Liberty drew wide backlash over its plan to lock up early investor tokens for years.

The chair of the Commodity Futures Trading Commission (CFTC), Michael Selig, said he would not wait for the appointment of additional commissioners to lead the regulatory agency before moving ahead on rulemaking potentially related to digital assets and prediction markets.

In a Thursday hearing of the House Agriculture Committee, Selig responded to questions from ranking member Angie Craig, who called out the lack of leadership at the CFTC, which normally has a bipartisan panel of five commissioners. The Minnesota representative asked the chair to commit to not finalizing regulations while he is the only commissioner.

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