Trump Nominates Michael Selig to Lead CFTC, Signaling Potential Shift in Crypto Regulation

President Donald Trump is poised to nominate Michael Selig as the next head of the Commodity Futures Trading Commission (CFTC), marking a potential turning point for crypto regulation in the U.S. This move follows the withdrawal of Brian Quintenz’s nomination, which was met with resistance from prominent crypto figures like Tyler and Cameron Winklevoss. Selig brings a strong pro-crypto stance to the role, having served as chief counsel and senior adviser to SEC Chair Paul Atkins while leading the SEC’s cryptocurrency task force. His appointment is anticipated by many in the crypto community who see it as a sign of shifting regulatory landscape for digital assets.