CFTC Set for Major Expansion into Crypto Market

The U.S. Commodities Futures Trading Commission (CFTC) is poised to undergo a significant shift as it prepares to extend its regulatory reach to encompass digital currencies. This strategic move comes at a crucial juncture, coinciding with anticipated leadership changes within the agency. The potential appointment of Mike Selig, from the SEC, as CFTC leader, highlights this impactful transition.