Trump taps crypto regulator Mike Selig to run CFTC after pulling nominee
Michael Selig, nominated to lead the Commodity Futures Trading Commission, will influence U.S. crypto regulations amid legislative efforts to expand oversight of digital asset transactions.
- On Oct. 25, 2025, President Donald Trump chose Michael Selig to lead the Commodity Futures Trading Commission, confirming reports he was the frontrunner in early October.
- Legislative efforts consider the Commodity Futures Trading Commission as a leading digital-asset regulator, with the U.S. House passing the Digital Asset Market Clarity Act while the U.S. Senate still works on its version.
- Selig, who worked on the SEC's crypto effort, was `honored` to be nominated on X, with Ji Kim and Summer Mersinger praising his regulatory experience and balanced approach.
- Confirmation will require U.S. Senate approval, a hurdle Quintenz failed to clear, while Gemini CEO Tyler Winklevoss publicly opposed prior nominees and the industry is shifting toward Selig.
- If Congress gives the CFTC hands-on authority over spot trading, it would cover most digital-asset transactions in bitcoin and Ethereum's ether, reflecting the CFTC's long engagement and recent ex-officials' crypto roles.
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45 Articles
Trump Nominates Michael Selig to Chair Commodity Futures Trading Commission
President Donald Trump has nominated Michael Selig to serve as chair of the Commodity Futures Trading Commission (CFTC). White House Artificial Intelligence and Cryptocurrency czar David Sacks first announced the nomination in an Oct. 25 social media post. “President Trump has made an excellent choice in Mike Selig to lead the [CFTC],” Sacks wrote. “As anyone who knows him will attest, [Selig] is deeply knowledgeable about financial markets and …
Trump taps crypto regulator Mike Selig to run CFTC after pulling nominee
President Trump nominated cryptocurrency regulator Mike Selig to head the Commodity Futures Trading Commission (CFTC), almost a month after the Trump administration withdrew its nomination of Brian Quintenz. White House AI and crypto czar David Sacks announced Trump’s “excellent choice” early Saturday morning. Sacks called Selig “deeply knowledgeable about financial markets and passionate about modernizing…
Trump selects crypto-savvy Michael Selig for CFTC chair role, appeasing ...
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