U.S. President Donald Trump has nominated Mike Selig to head the Commodity Futures Trading Commission (CFTC), emphasizing a more “competitive and modern” regulatory approach to digital assets. Selig is well known for his work in digital asset regulation across both public and private sectors. A former advisor at the CFTC, he has more recently served as a legal and policy consultant within the crypto industry. Analysts view Selig’s nomination as a sign of a broader policy shift in Washington toward a more innovation-friendly stance on crypto regulation—aiming to balance market growth with investor protection. The move could strengthen the CFTC’s influence over cryptocurrency derivatives markets, particularly in Bitcoin and Ethereum futures trading.
Trump Signals Pro-Crypto Shift: Nominates Mike Selig as CFTC Chair
