Trump Picks SEC Crypto Task Force’s Mike Selig to Run CFTC: Report

In brief

  • Trump has tapped SEC Crypto Task Force Chief Counsel Mike Selig to lead the CFTC, signaling closer coordination on pro-crypto regulation, per Bloomberg.
  • The pick is a victory for Tyler and Cameron Winklevoss, who pushed Trump to drop prior nominee Brian Quintenz after clashes over Gemini’s past CFTC case and other issues.
  • Selig would oversee policymaking on crypto and prediction markets at a critical time for the understaffed agency.

U.S. President Donald Trump has selected Securities and Exchange official Michael Selig as his latest nominee to lead the CFTC, according to a Friday Bloomberg report. 

Selig currently serves as chief counsel for the SEC’s crypto task force, and has been a key player behind the agency’s…

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