Mike Selig, newly appointed by President Donald Trump as Chair of the Commodity Futures Trading Commission (CFTC), has pledged to make America the global hub for cryptocurrency innovation.
In his post on X, Selig said he was “honored to be nominated” and vowed to “work tirelessly” toward Trump’s vision of turning the U.S. into the “Crypto Capital” of the world.
Selig currently serves as Chief Counsel of the SEC’s Crypto Task Force and brings experience from both traditional finance and digital assets. He previously worked at Willkie Farr & Gallagher and held roles at the CFTC under former Chair Chris Giancarlo.
David Sacks, Trump’s Crypto and AI Czar, praised the appointment, calling Selig an “excellent choice.” The move reinforces the administration’s commitment to pro-crypto policy and a regulatory framework aimed at fostering innovation, signaling a new era for U.S. digital asset markets.
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