Trump Appoints Michael Selig as CFTC Chair, Signaling Shift in Crypto Regulation

President Donald Trump has nominated Michael Selig to lead the Commodity Futures Trading Commission (CFTC), a move that signals a heightened focus on crypto regulation. This appointment comes amidst growing calls for clearer regulatory frameworks for digital assets and a desire for greater oversight of cryptocurrency markets. Selig’s legal expertise in the field, including his experience working with the SEC’s Crypto Task Force, makes him well-suited to tackle this crucial role.