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Trump Nominates Michael Selig to Lead CFTC in a Pro-Crypto Direction

Trump Nominates Michael Selig to Lead CFTC in a Pro-Crypto Direction

Author:

Global Cryptocurrency

Published:

2025-10-27 05:57:02

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BTCCSquare news:

President Donald Trump has nominated Michael Selig as chairman of the Commodity Futures Trading Commission (CFTC), signaling a potential shift toward crypto-friendly regulation. Selig, a seasoned expert in digital asset markets, previously advised the SEC and CFTC, and played a key role in the agency's crypto task force.

His nomination follows the withdrawal of a prior candidate, though reasons remain unspecified. Selig aims to prioritize 'Freedom, Competition and Innovation' in US markets, with ambitions to establish the country as the global hub for cryptocurrency.

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