President Donald Trump has nominated Michael Selig to head the Commodity Futures Trading Commission (CFTC), according to Bloomberg. Selig, currently chief counsel for the SEC’s Crypto Task Force and a former partner at Willkie Farr & Gallagher, is seen as a strong advocate for regulatory clarity in digital assets.
If confirmed by the Senate, he will guide the agency at a critical juncture as lawmakers move to cement the CFTC’s role as the primary crypto regulator. His appointment underscores the administration’s intention to streamline crypto oversight and build investor confidence.
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