Trump nominates Travis Hill as U.S. FDIC chair…pro-virtual-asset stance draws attention
Summary
- U.S. President Donald Trump has nominated Travis Hill to the Senate as the official chair of the Federal Deposit Insurance Corporation (FDIC).
- It said Hill is a figure who has emphasized the need for additional guidance on virtual assets and tokenization.
- In March, he sent guidance indicating that banks could treat virtual assets as a permissible activity, drawing attention to potential policy changes related to virtual assets.
U.S. President Donald Trump has nominated Travis Hill (Travis Hill), acting chair of the Federal Deposit Insurance Corporation (FDIC), to the Senate as the official chair.
On the 2nd (local time), according to Cointelegraph, the nomination of Travis by Trump for FDIC chair was sent to the Senate Banking Committee the previous day.
Hill has been known to show a pro-virtual-asset (cryptocurrency) stance even before joining the FDIC. He emphasized the need for additional guidance on virtual assets and tokenization, and has expressed opposition to allegations that U.S. authorities are 'debanking(debanking)' firms because they are virtual asset companies.
In March, he also sent a letter to financial institutions clarifying that banks can treat virtual assets as a 'permissible activity(permissible activity)'.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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