The U.S. crypto regulatory landscape is undergoing significant changes as President Trump’s administration continues to implement new appointments and legislative initiatives. Mike Selig, nominated by President Trump for the position of Chairman of the Commodity Futures Trading Commission (CFTC), will face confirmation hearings before the Senate Agriculture Committee on November 19th. This development signals a shift in regulatory responsibilities between the CFTC and the Securities and Exchange Commission (SEC). Simultaneously, Congress is reviewing a bill that seeks to grant the CFTC primary regulatory authority over digital asset spot markets, potentially leading to a clearer delineation of regulatory roles.