News Explorer — President Trump Nominates Michael Selig to Lead CFTC, Indicating Close SEC Collaboration for Crypto Regulation

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Oct 24, 9:47 pm

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President Trump Nominates Michael Selig to Lead CFTC, Indicating Close SEC Collaboration for Crypto Regulation

Michael Selig, current SEC chief counsel for the crypto task force, has been nominated by President Trump to lead the CFTC. This move signals a close collaboration between the CFTC and SEC in developing a pro-crypto regulatory framework. The Winklevoss twins played a significant role in influencing Trump's decision by lobbying against the previous nominee.

Michael Selig, current SEC chief counsel for the crypto task force, has been nominated by President Trump to lead the CFTC. This move signals a close collaboration between the CFTC and SEC in developing a pro-crypto regulatory framework. The Winklevoss twins played a significant role in influencing Trump's decision by lobbying against the previous nominee.

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