What does Michael Selig’s CFTC nomination mean for crypto?
Michael Selig’s nomination by President Donald Trump to head the Commodity Futures Trading Commission (CFTC) signifies a critical juncture in U.S. crypto regulation. If appointed, Selig will take the helm of the agency at a moment when lawmakers are contemplating transferring the primary oversight of digital assets from the Securities and Exchange Commission (SEC) to the CFTC. This shift could reshape the U.S. approach to crypto regulation, balancing innovation with accountability.
Selig’s prior role as the SEC’s chief crypto counsel gives him a distinct vantage point on the regulatory landscape. His familiarity with the intricacies of digital asset regulation positions him as a vital player in crafting future regulations. Industry…
