Reported about 14 hours ago
President Donald Trump has selected Michael Selig to lead the Commodity Futures Trading Commission (CFTC), a significant regulatory body set to expand its role under forthcoming crypto regulations. Selig, currently serving as chief counsel for the SEC's crypto task force, has been instrumental in aligning the strategies of the SEC and CFTC regarding the financial and crypto markets. His nomination marks Trump's second attempt to fill this crucial position, following a previous stalled nomination. Senate approval will be necessary for Selig's appointment.
Source: YAHOO