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Trump's CFTC Pick Mike Selig Pledges To 'Work Tirelessly' To Make US The Global 'Crypto Capital'

Mike Selig, nominated to lead the Commodity Futures Trading Commission, aims to boost U.S. competitiveness in digital assets amid industry opposition to his predecessor.

  • On Saturday, President Donald Trump nominated Mike Selig to lead the Commodity Futures Trading Commission, and Selig confirmed the selection on X.
  • Brian Quintenz withdrew his bid to head the CFTC; he served as commissioner , worked recently at Andreessen Horowitz, and alleged Cameron and Tyler Winklevoss opposed him.
  • Selig’s résumé highlights prior CFTC work and partnerships with major law firms, he joined the SEC Crypto Task Force in March, and received endorsements from Paul Atkins, David Sacks, and Ji Hun Kim.
  • Caroline Pham remains the agency’s only commissioner after multiple exits this year, including Summer Mersinger leaving for the Blockchain Association and Democrats Kristin Johnson and Christy Goldsmith Romero departing.
  • The nomination comes as the industry pushes a market-structure bill splitting SEC and CFTC oversight, with Chris Dixon calling the timing `couldn’t be more important` and Selig’s confirmation promising clarity and competitiveness for U.S. markets.
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A night marked by a pro-crypto appointment to the CFTC, new positive flows on the Bitcoin and Ethereum ETFs and a historic record for the S&P 500. The market is showing itself in sharp effervescence while several crypto companies multiply strategic announcements. L的article Pro-crypto Mike Selig takes the direction of the CFTC: Crypot Recap of the night from 27 to 28 October 2025 appeared first on Cryptoast.

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Conservative Journal Review broke the news in on Monday, October 27, 2025.
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