COINOTAG News reports that on December 23, Michael Selig was sworn in as the CFTC Chairman, signaling a governance shift for U.S. derivatives oversight and broader financial-market regulation.
In his initial remarks, Selig underscored rapid tech-driven market evolution, a wide array of new products and platforms, and historic retail participation in commodity markets. He also referenced an upcoming digital asset market structure bill expected to reach the President, aimed at reinforcing the United States’ status as a premier cryptocurrency hub.
Before joining the commission, Selig served as Chief Legal Advisor to the SEC Cryptocurrency Working Group and as Senior Counselor to former Chairman Paul Atkins, equipping him with policy and enforcement insights to steward the commodity derivatives market through a period of rapid transformation.
Source: https://en.coinotag.com/breakingnews/michael-selig-sworn-in-as-cftc-chair-as-u-s-aims-to-lead-global-cryptocurrency-hub-with-digital-asset-market-structure-bill
