Trump taps Michael Selig to lead CFTC: Bloomberg
President Trump appointed Michael Selig to chair the CFTC, signaling a pro-crypto regulatory stance.Summary
President Trump has selected Michael Selig to serve as the new chair of the Commodity Futures Trading Commission (CFTC), the US agency overseeing derivatives markets, including crypto futures, as reported by Bloomberg. Selig brings relevant experience, having previously served as chief counsel for the SEC’s crypto task force and as an aide to former SEC Chair Paul Atkins, where he worked on aligning regulatory approaches between the SEC and CFTC concerning digital assets and traditional finance. This appointment underscores Trump's commitment to advancing crypto-friendly regulation and integrating digital assets into US financial policy while seeking regulatory clarity during a period of significant crypto industry growth.
(Source：Crypto Briefing)