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Michael Selig Sparks Hope for CFTC’s Crypto Regulation in 2025

Michael Selig Sparks Hope for CFTC’s Crypto Regulation in 2025

Published:
2025-12-23 12:46:02
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BTCCSquare news:

Michael Selig's appointment as the new chairman of the US Commodity Futures Trading Commission (CFTC) signals a potential turning point for cryptocurrency regulation. A pro-crypto advocate, Selig brings experience from his tenure as chief counsel at the Securities and Exchange Commission (SEC). His leadership is expected to prioritize innovation-friendly policies, moving away from the contentious 'regulation by enforcement' approach that has characterized recent years.

The CFTC under Selig aims to establish a unified regulatory framework, reducing market confusion and fostering growth in digital assets. This strategic shift could position the US as the global hub for cryptocurrency innovation, provided collaboration with the SEC improves. Industry observers note the timing is critical as institutional adoption accelerates and jurisdictional clarity becomes paramount.

Caroline Pham's departure leaves a legacy of refocusing the CFTC on responsible innovation. Her MOVE to MoonPay underscores the increasing convergence between traditional finance and digital assets. Selig's five-year term offers stability during a period when regulatory certainty could determine whether blockchain development flourishes in America or migrates offshore.

|Square

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