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no one’s talking about this but BREAKING: CFTC’s new chairman Selig’s crypto background may revolutionize regulation 🤯
Selig’s presidency at the CFTC presents a unique opportunity to observe regulatory convergence within the crypto space: his experience and focus on fraud prevention signal
In October 2025, Michael Selig was appointed CFTC Chairman under Acting CFTC Chair Caroline Pham. Selig’s background includes legal counsel for the SEC’s Crypto Task Force and private practice representing crypto companies. Senate Agriculture Committee advanced Selig’s nomination for Senate confirmation. Selig’s leadership could impact agency staffing, prediction markets, and crypto regulation. He aims to streamline registration processes and collaborate with the SEC on regulatory harmonization. Selig prioritizes fraud prevention and manipulation detection. His tenure may shape the CFTC’s direction significantly. [Source: dwt.com]
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