Mike Selig has been appointed as the new chair of the Commodity Futures Trading Commission (CFTC) by President Trump, indicating a significant change in U.S. cryptocurrency regulations. Selig previously led the Securities and Exchange Commission’s (SEC) Crypto Task Force, where he focused on regulatory frameworks for digital assets. His appointment is expected to influence the direction of crypto oversight in the United States. As CFTC Chair, Selig will play a crucial role in shaping policies that govern the rapidly evolving cryptocurrency market. This leadership change comes at a time when regulatory scrutiny of digital currencies is intensifying, highlighting the need for clear guidelines in the sector.
