Mike Selig Nearing CFTC Chairmanship, Potential for Crypto Regulation Overhaul

The U.S. Commodity Futures Trading Commission (CFTC) is poised to welcome a new leader with Mike Selig nearing confirmation as Chair. Selig’s appointment signals potential changes in crypto regulation and industry confidence. His experience navigating digital asset law alongside SEC legal counsel could significantly influence the CFTC’s approach towards crypto, potentially leading to greater regulatory harmonization and clearer market rules.