Trump To Install New Pro-Crypto CFTC Chair? Here’s What We Know So Far

New reports reveal that United States President Donald Trump has picked pro-crypto Michael Selig as the new chair nominee for the Commodity Futures Trading Commission. The CFTC’s role involves overseeing the futures, options, and crypto markets, ensuring these industries operate fairly and transparently while protecting participants from fraud and manipulation. With Selig being a widely recognized crypto supporter, this move by Trump could significantly impact the regulatory landscape of digital assets. Related Reading: 16,000 Ancient Bitcoins Just Moved—And It’s Costing Whales Billions Trump Nominates Pro-Crypto Selig As CFTC Chair According to a Bloomberg report on October 24, Trump selected Selig to chair the CFTC, sending his nominations to the Senate for confirmation hearings source: https://www.newsbtc.com/news/trump-to-install-new-pro-crypto-cftc-chair-heres-what-we-know-so-far/