Pro-Bitcoin Michael Selig officially sworn in to lead CFTC
PositiveCryptocurrency
- Michael Selig has been officially sworn in as the new chair of the U.S. Commodity Futures Trading Commission (CFTC), a position that may significantly influence the regulatory landscape for digital assets in the United States. His pro-Bitcoin stance is expected to foster innovation and regulatory clarity in cryptocurrency markets.
- Selig's leadership is anticipated to enhance the CFTC's role in shaping policies that could position the U.S. as a leading hub for cryptocurrency trading and innovation, potentially attracting more investment into the sector.
- This appointment comes at a critical time as the CFTC has recently initiated efforts to engage cryptocurrency CEOs in regulatory discussions and has approved the trading of spot Bitcoin and other cryptocurrencies on federally regulated markets, indicating a shift towards a more structured approach to digital asset regulation.
— via World Pulse Now AI Editorial System
