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CFTC chair Selig explains choice to authorize ‘perps’ in the U.S.

CFTC chair Selig explains choice to authorize 'perps' in the U.S.

CFTC Chairman Defends Approval of Perpetual Futures Michael Selig, the Chairman of the Commodity Futures Trading Commission (CFTC), spoke on CNBC’s “Fast Money” this past Monday regarding the ongoing discussion surrounding perpetual futures and defended the organization’s recent approval of the asset in the U.S. Selig acknowledged that established companies often have concerns about new […]

Selig, Trump’s Choice for CFTC, Informs Senators That Crypto is a ‘Critical Mission’ for the Agency

Selig, Trump's Choice for CFTC, Informs Senators That Crypto is a 'Critical Mission' for the Agency

Hearing on CFTC Nomination Mike Selig, nominated by President Donald Trump to lead the Commodity Futures Trading Commission (CFTC), expressed his support for the administration’s plans regarding the regulation of U.S. cryptocurrencies during a recent confirmation hearing. He underscored the significance of the CFTC in overseeing these developments. The Senate Agriculture Committee is set to […]

Trump selects crypto regulator Mike Selig to lead CFTC after retracting nominee

Trump selects crypto regulator Mike Selig to lead CFTC after retracting nominee

Almost a month after the Trump administration pulled Brian Quintenz’s nomination, President Trump has put forward Mike Selig as the new candidate to lead the Commodity Futures Trading Commission (CFTC). David Sachs, who heads AI and cryptocurrency initiatives at the White House, praised Selig as an “excellent choice” in a Saturday morning announcement. He emphasized […]