Key Notes

President Donald Trump has nominated Michael Selig to become CFTC Chairman.

Selig is the current Chief Counsel of the SEC Crypto Task Force.

If confirmed, Selig will replace Caroline Pham, the acting chair of the CFTC.

In a recent report, Bloomberg noted that United States President Donald Trump has nominated Michael Selig to lead the Commodity Futures Trading Commission (CFTC). This comes at a pivotal time, when lawmakers are working to place the agency at the helm of crypto regulation. The nomination is still subject to Senate approval.

From the SEC Crypto Task Force to the CFTC

On October 24, President Donald Trump handpicked Matthew Selig to lead the CFTC under his administration, per a Bloomberg report .

Noteworthy, Selig is the current chief counsel for the Cryp

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