Trump To Nominate Pro-Crypto Michael Selig As New CFTC Chair
US President Donald Trump is set to nominate pro-crypto Michael Selig as the next chair of the Commodity Futures Trading Commission (CFTC). That’s according to a Bloomberg report that cited an unnamed Trump administration official. Selig is currently chief counsel at the Securities and Exchange Commission’s (SEC) crypto task force and also a senior adviser to SEC Chair Paul Atkins. Some analysts and influencers in the crypto community have characterized him as crypto friendly. ” @MikeSeligEsq is prepared to lead @CFTC from day one with a strong understanding of crypto’s potential to position the U.S. as a financial leader for generations,” The Digital Chamber said in a post on X. We confidently support the nomination of Michael Selig as CFTC Chair. This is a critical era for crypto policy and @MikeSeligEsq is prepared to lead @CFTC from day one with a strong understanding of crypto's potential to position the U.S. as a financial leader for gene...