Ripple’s Legal Chief Endorses Mike Selig as Ideal CFTC Chair

Ripple’s Chief Legal Officer, Stuart Alderoty, publicly endorsed Mike Selig for the U.S. Commodity Futures Trading Commission (CFTC) chair position, highlighting Selig’s expertise in harmonizing crypto regulation. Alderoty believes Selig’s unique qualifications can address the fragmentation within the industry and streamline regulatory efforts. He notes that Selig’s experience at both the SEC and private firms like Willkie Farr & Gallagher and Perkins Coie makes him uniquely suited for this role, particularly in addressing complex issues like cryptocurrency regulations.