CFTC Chair Change: Michael Selig Appointed Amid Crypto Industry Growth

U.S. President Donald Trump has appointed Michael Selig as the new chairman of the Commodity Futures Trading Commission (CFTC). This appointment comes at a time of significant growth within the cryptocurrency industry. Previously, Mr. Selig served as chief advisor to the SEC’s cryptocurrency task force and also held a partner role in the asset management practice at law firm Willkie Farr & Gallagher.