In brief
- Trump has tapped SEC Crypto Task Force Chief Counsel Mike Selig to lead the CFTC, signaling closer coordination on pro-crypto regulation, per Bloomberg.
- The pick is a victory for Tyler and Cameron Winklevoss, who pushed Trump to drop prior nominee Brian Quintenz after clashes over Gemini’s past CFTC case and other issues.
- Selig would oversee policymaking on crypto and prediction markets at a critical time for the understaffed agency.
U.S. President Donald Trump has selected Securities and Exchange official Michael Selig as his latest nominee to lead the CFTC, according to a Friday Bloomberg report.
Selig currently serves as chief counsel for the SEC’s crypto task force, and has been a key player behind the agency’s aggressively pro-crypto overhaul during the second Trump administration.
His selection to head the CFTC is the clearest sign yet that the regulator will work in lockstep with the SEC to
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Author: Sander Lutz
