🚨 Trump Nominates SEC Crypto Counsel Michael Selig to Lead CFTC

According to Bloomberg, Michael Selig—currently chief counsel for the SEC’s crypto task force—has been nominated to chair the Commodity Futures Trading Commission (CFTC).

Selig has been at the forefront of digital asset policy coordination within the SEC, and his nomination comes as Washington moves closer to finalizing a national crypto market structure framework—potentially expanding the CFTC’s role over digital assets.

This marks President Trump’s second attempt to fill the CFTC’s top seat, following opposition to his earlier nominee, Brian Quintenz. With crypto markets rapidly evolving, the administration appears focused on strengthening regulatory leadership at a pivotal time.

If confirmed, Selig would oversee one of the most influential agencies shaping U.S. financial markets—with a growing focus on crypto oversight.

💡 Key takeaway: The U.S. is moving toward a more unified approach to crypto regulation, and leadership changes at the CFTC could have significant implications for the future of digital assets.

#Crypto #Regulation #CFTC #SEC #DigitalAssets

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