Mike Selig Climbs as CFTC Chair Candidate, Shaping Crypto Regulation

Prominent crypto regulation figure Mike Selig is attracting attention for his potential nomination as CFTC Chair. Ripple’s endorsement by Stuart Alderoty strengthens his candidacy and could significantly influence U.S. digital asset regulations. Selig’s possible appointment would reshape regulatory oversight of major cryptocurrencies like Bitcoin and Ethereum, potentially leading to streamlined regulations and increased institutional investment.