New CFTC nominee joins Trump pledge to make US ‘Crypto Capital of the World’ – DL News
- Donald Trump has officially tapped Mike Selig to lead the CFTC.
- Selig is a longtime crypto ally and serves as general counsel at the SEC’s crypto task force.
- The industry cheered the news of his nomination.
US President Donald Trump has nominated crypto ally Mike Selig to chair the Commodity Futures Trading Commission.
Although a so-called market structure bill has stalled in the Senate, the CFTC is expected to play a critical role overseeing the US crypto industry should lawmakers ultimately strike a deal to overhaul digital asset regulation.
“I am honored to be nominated by President Trump to serve as the 16th Chairman of the U.S. Commodity Futures Trading Commission,” Selig said in a statement on X on Saturday.
“I pledge to work…
