President Nominates Michael Selig as Chair of Commodity Futures Trading Commission (CFTC)

President Nominates Michael Selig as Chair of Commodity Futures Trading Commission (CFTC)

U.S. President Donald Trump has nominated Michael Selig to serve as the new Chair of the CFTC, highlighting regulatory focus on digital assets. Selig, who currently heads the crypto task-force within the CFTC, is known for coordinating closely with the Securities and Exchange Commission (SEC) on crypto oversight. The nomination underscores the administration’s intention to make the U.S. a leader in cryptocurrency regulation, and marks a significant development in the governance of digital-asset markets