Bo Hines interprets the White House's crypto strategy: opposing CBDC and promoting CFTC reform
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最新报道：According to Bijie.com, on July 31 (UTC+8), Bo Hines, Executive Director of the White House Cryptocurrency Council, emphasized the crucial importance of selecting the CFTC Chairman. Although Trump has nominated Brian Quintenz, the nomination process has been suspended at the White House's request. The report advocates for granting the CFTC regulatory authority over the digital commodity spot market and supports the compliant development of DeFi. Regarding anti-money laundering, the report recommends that Congress amend the Bank Secrecy Act and calls on agencies such as the Treasury Department to clarify regulatory obligations and protect users' right to self-custody. Hines noted that the Department of Justice will issue further guidance, continuing its policy of not replacing regulation with prosecution. He also emphasized that the federal government will never issue a central bank digital currency (CBDC) and firmly opposes "big government surveillance." He also recommended revising tax laws to clarify the tax treatment of crypto assets in staking, mining, and trading, and to establish their status as an independent asset class. (Source: Crypto in America)
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