Trump Taps Michael Selig as CFTC Chair: A Potential Boost for Crypto?

President Trump has nominated Michael Selig to lead the Commodity Futures Trading Commission (CFTC), a move widely seen as a step towards a more pro-crypto regulatory environment in the United States. Selig’s nomination requires Senate confirmation, but if approved, it could have significant implications for cryptocurrency markets. experts believe his leadership could promote clarity and confidence in the digital asset market by clarifying regulations impacting crypto derivatives and institutions.