{"id":877366,"date":"2025-10-14T00:12:27","date_gmt":"2025-10-14T05:12:27","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/14\/while-government-stalls-the-white-house-plots-its-crypto-move-us-crypto-news\/"},"modified":"2025-10-14T00:12:27","modified_gmt":"2025-10-14T05:12:27","slug":"while-government-stalls-the-white-house-plots-its-crypto-move-us-crypto-news","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/14\/while-government-stalls-the-white-house-plots-its-crypto-move-us-crypto-news\/","title":{"rendered":"While Government Stalls, the White House Plots Its Crypto Move? US Crypto News"},"content":{"rendered":"<div>\n<ul>\n<li>White House eyes Mike Selig to lead the CFTC, signaling a unified crypto oversight plan amid the prolonged government shutdown.<\/li>\n<li>Selig\u2019s SEC\u2013CFTC background could bridge regulatory divides, advancing a cohesive digital asset framework as Washington\u2019s gridlock delays policy.<\/li>\n<li>Prediction markets see a record 35-day shutdown, threatening ETF reviews and enforcement progress as crypto rebounds modestly.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p><strong>Welcome to the US Crypto News Morning Briefing\u2014your essential rundown of the most important developments in crypto for the day ahead.<\/strong><\/p>\n<p>Grab a coffee because as the US government grinds deeper into shutdown, whispers from the West Wing hint at a strategic crypto move that could quietly redraw the lines of power between the digital asset sector and America\u2019s financial regulators.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<h2 id=\"h-crypto-news-of-the-day-shutdown-deepens-as-white-house-edges-toward-surprise-crypto-regulator-pick\">Crypto News of the Day: Shutdown Deepens as White House Edges Toward Surprise Crypto Regulator Pick<\/h2>\n<p>The White House is reportedly nearly naming Mike Selig, Chief Counsel on the <a href=\"https:\/\/beincrypto.com\/blackrock-meets-sec-crypto-task-force-etf-staking-tokenization\/\" target=\"_blank\" rel=\"noreferrer noopener\">SEC\u2019s Crypto Task Force<\/a>, as its nominee to lead the CFTC (Commodity Futures Trading Commission). The move that could reshape US crypto regulation just as Washington teeters on the edge of a record-breaking government shutdown.<\/p>\n<p>Two people familiar with the matter <a href=\"https:\/\/www.cryptoinamerica.com\/p\/white-house-close-to-announcing-selig\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">told<\/a> Crypto In America that Selig remains the top contender to replace <a href=\"https:\/\/beincrypto.com\/white-house-delays-cftc-chair-vote\/\" target=\"_blank\" rel=\"noreferrer noopener\">contentious and former CFTC Chair Brian Quintenz<\/a>, with formal vetting underway for additional commissioner roles.<\/p>\n<p>The administration aims to rebuild the five-member CFTC and <a href=\"https:\/\/beincrypto.com\/sec-cftc-crypto-regulation-collaboration\/\" target=\"_blank\" rel=\"noreferrer noopener\">unify oversight between the SEC and CFTC<\/a> amid intensifying calls for a cohesive digital asset framework.<\/p>\n<blockquote>\n<p>\u201cNo one is better suited than Mike Selig to harmonize the CFTC and SEC on crypto and beyond,\u201d <a href=\"https:\/\/x.com\/s_alderoty\/status\/1974165477971943558\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a> Stu Alderoty, Chief Legal Officer at Ripple.<\/p>\n<\/blockquote>\n<p>Indeed, Selig may understand both sides of the regulatory fence and, with his background spanning both agencies, could finally reduce duplicative oversight.<\/p>\n<p>A former CFTC clerk for Chris Giancarlo and advisor to <a href=\"https:\/\/beincrypto.com\/sec-innovation-exemption-atkins-2025-promise\/\" target=\"_blank\" rel=\"noreferrer noopener\">SEC Chair Paul Atkins<\/a>, he later served in private practice at Perkins Coie and Willkie Farr &#038; Gallagher, advising on blockchain and token regulation.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p>Therefore, his nomination could pass as a crypto-positive signal, bridging the deep policy rift that has paralyzed the industry\u2019s US growth.<\/p>\n<blockquote>\n<p>\u201cGlad to see the (hopefully) newly appointed CFTC is liked by those who are working for blockchain interoperability,\u201d one user <a href=\"https:\/\/x.com\/suze_robi\/status\/1977727172530860357\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">remarked<\/a>.<\/p>\n<\/blockquote>\n<h2 id=\"h-kalshi-predicts-record-long-us-shutdown\">Kalshi Predicts Record-Long US Shutdown<\/h2>\n<p>Meanwhile, the potential nomination lands at a tense political moment. Kalshi prediction markets now price the shutdown lasting 34.7 days, signaling what could become the longest in US history.<\/p>\n<p>The extended standoff has already halted policy momentum, delaying progress on key crypto and macro market updates.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p>Meanwhile, the third week of the shutdown has seen negotiations collapse over military pay and healthcare subsidies, and <a href=\"https:\/\/beincrypto.com\/bitcoin-ethereum-trump-china-weekend\/\" target=\"_blank\" rel=\"noreferrer noopener\">crypto markets rebounded modestly<\/a> after last week\u2019s derivatives-led selloff. Still, the longer Washington remains frozen, the greater the risk of delayed CFTC enforcement guidance, ETF reviews, and <a href=\"https:\/\/beincrypto.com\/us-macro-data-crypto-weekend-crash\/\" target=\"_blank\" rel=\"noreferrer noopener\">data releases critical for institutional traders<\/a>.<\/p>\n<p>Two forces are therefore at play. On the one hand, Congress is deadlocked on the market structure bill. On the other hand, Kalshi forecasts the shutdown extending beyond 35 days.<\/p>\n<p>Against these backdrops, all eyes are on whether the administration can push Selig\u2019s nomination through a paralyzed government, or whether crypto\u2019s next regulatory chapter will remain on pause until Washington reopens for business.<\/p>\n<h2 id=\"h-chart-of-the-day\">Chart of the Day<br \/><\/h2>\n<figure><img decoding=\"async\" src=\"https:\/\/assets.beincrypto.com\/img\/LSHzPDUh4aTxGac0YpjaVyedIl4=\/smart\/4ec569ac64224e53bfd5151318bc4a73\" alt=\"US Government Shutdown Duration Probabilities\"><figcaption>US Government Shutdown Duration Probabilities. Source: <a href=\"https:\/\/kalshi.com\/markets\/kxgovshutlength\/days-of-government-shutdown\/kxgovshutlength-26jan01\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Kalshi<\/a><\/figcaption><\/figure>\n<p><small>Sponsored<\/small><\/p>\n<p>According to\u00a0Kalshi prediction markets, there\u2019s a 61% chance the shutdown lasts over 30 days and a 49% likelihood it will extend beyond 35.<\/p>\n<h2 id=\"h-byte-sized-alpha\">Byte-Sized Alpha<\/h2>\n<p>Here\u2019s a summary of more US crypto news to follow today:<\/p>\n<ul>\n<li>A <a href=\"https:\/\/beincrypto.com\/xrp-price-prediction-35-percent-rally-signal\/\" target=\"_blank\" rel=\"noreferrer noopener\">35% XRP price rally?<\/a> One metric says \u201cyes\u201d, another says \u201cwait\u201d<\/li>\n<li><a href=\"https:\/\/beincrypto.com\/coinbase-and-korea-premium-surge\/\" target=\"_blank\" rel=\"noreferrer noopener\">Coinbase\u2013Kimchi signal just flashed again<\/a> \u2014 What does it mean for Bitcoin?<\/li>\n<li><a href=\"https:\/\/beincrypto.com\/ethereum-price-bullish-pattern-breakout-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum price<\/a> could rise and fall to these levels before its next rally.<\/li>\n<li>Grayscale\u2019s move could <a href=\"https:\/\/beincrypto.com\/grayscales-tao-etf-ath\/\" target=\"_blank\" rel=\"noreferrer noopener\">send this altcoin to a new ATH<\/a>.<\/li>\n<li><a href=\"https:\/\/beincrypto.com\/whale-surge-crypto-crash-trump-tariffs\/\" target=\"_blank\" rel=\"noreferrer noopener\">What are crypto whales betting on<\/a> after Trump\u2019s tariff-induced market crash?<\/li>\n<li>Bitcoin price nears $115,000 as <a href=\"https:\/\/beincrypto.com\/bitcoin-price-recovers-as-spot-investors-hold\/\" target=\"_blank\" rel=\"noreferrer noopener\">spot investors defy market fear<\/a>.<\/li>\n<li><a href=\"https:\/\/beincrypto.com\/us-macro-data-crypto-weekend-crash\/\" target=\"_blank\" rel=\"noreferrer noopener\">Four US macro data points to watch this week<\/a> after the weekend market crash.<\/li>\n<li>Top three <a href=\"https:\/\/beincrypto.com\/crypto-airdrops-rewards-third-week-october\/\" target=\"_blank\" rel=\"noreferrer noopener\">crypto airdrops and rewards to watch<\/a> in the third week of October.<\/li>\n<li>Bulls flock to BNB as a <a href=\"https:\/\/beincrypto.com\/bnb-chinese-bank-600-million\/\" target=\"_blank\" rel=\"noreferrer noopener\">Chinese bank mulls $600 million investment<\/a> in the Binance token.<\/li>\n<\/ul>\n<h2 id=\"h-crypto-equities-pre-market-overview\">Crypto Equities Pre-Market Overview<\/h2>\n<figure>\n<table readabilityDataTable=\"1\">\n<tbody>\n<tr>\n<td><strong>Company<\/strong><\/td>\n<td><strong>At the Close of October 10<\/strong><\/td>\n<td><strong>Pre-Market Overview<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Strategy (MSTR)<\/td>\n<td>$304.79<\/td>\n<td>$308.00 (+1.05%)<\/td>\n<\/tr>\n<tr>\n<td>Coinbase (COIN)<\/td>\n<td>$357.01<\/td>\n<td>$363.36 (+1.78%)<\/td>\n<\/tr>\n<tr>\n<td>Galaxy Digital Holdings (GLXY)<\/td>\n<td>$39.38<\/td>\n<td>$40.20 (+2.08%)<\/td>\n<\/tr>\n<tr>\n<td>MARA Holdings (MARA)<\/td>\n<td>$18.64<\/td>\n<td>$19.19 (+2.98%)<\/td>\n<\/tr>\n<tr>\n<td>Riot Platforms (RIOT)<\/td>\n<td>$21.01<\/td>\n<td>$21.58 (+2.71%)<\/td>\n<\/tr>\n<tr>\n<td>Core Scientific (CORZ)<\/td>\n<td>$18.52<\/td>\n<td>$18.97 (+2.43%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table><figcaption>Crypto equities market open race:\u00a0<a href=\"https:\/\/www.google.com\/finance\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Google\u00a0Finance<\/a><\/figcaption><\/figure>\n<\/div>\n<div>\n<p>Disclaimer<\/p>\n<div>\n<p>In adherence to the <a href=\"https:\/\/beincrypto.com\/trust-project\/\" target=\"_blank\" rel=\"noopener noreferrer\">Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our <a href=\"https:\/\/beincrypto.com\/terms-and-conditions\/\" target=\"_blank\" rel=\"noopener noreferrer\">Terms and Conditions<\/a>, <a href=\"https:\/\/beincrypto.com\/privacy-policy\/\" target=\"_blank\" rel=\"noopener noreferrer\">Privacy Policy<\/a>, and <a href=\"https:\/\/beincrypto.com\/disclaimer\/\" target=\"_blank\" rel=\"noopener noreferrer\">Disclaimers<\/a> have been updated.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/beincrypto.com\/white-house-cftc-mike-selig-shutdown-us-crypto-news\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Lockridge Okoth<\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House eyes Mike Selig to lead the CFTC, signaling a unified crypto oversight plan amid the prolonged government shutdown. Selig\u2019s SEC\u2013CFTC background could bridge regulatory divides, advancing a cohesive digital asset framework as Washington\u2019s gridlock delays policy. Prediction markets see a record 35-day shutdown, threatening ETF reviews and enforcement progress as crypto rebounds modestly.<\/p>\n","protected":false},"author":1,"featured_media":877367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22791,2159],"tags":[],"class_list":{"0":"post-877366","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto","8":"category-while"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/877366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=877366"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/877366\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/877367"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=877366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=877366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=877366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}