Trump’s CFTC Pick Has Deep Crypto Ties

President Donald Trump has chosen Michael Selig, one of Washington’s most experienced crypto lawyers, to head the Commodity Futures Trading Commission (CFTC), according to a report from Bloomberg.

Selig, who currently serves as chief counsel for the SEC’s Crypto Task Force and previously worked as a partner at Willkie Farr & Gallagher, is expected to face Senate confirmation hearings in the coming weeks. His appointment comes as Congress prepares to expand the CFTC’s authority over digital assets through pending bipartisan legislation.

Industry figures were quick to praise the choice, describing Selig as both knowledgeable and pragmatic. “Mike understands how to balance innovation with the rule of law,” said…

Source link