Trump's CFTC Pick, Mike Selig, Clears Hurdle on Way Toward Confirmation Vote
PositiveCryptocurrency
- The Senate Agriculture Committee has moved forward with Mike Selig's nomination for the CFTC chair position, indicating a significant step toward his confirmation after a favorable hearing.
- Selig's nomination is crucial as it reflects the Trump administration's intent to shape the regulatory landscape of cryptocurrency, emphasizing the importance of oversight in this rapidly evolving market.
- This development is part of a broader trend in U.S. regulatory efforts, as the Senate prepares to address cryptocurrency market structure, which could have far
— via World Pulse Now AI Editorial System