Trump nominates Michael Selig to be the chairman of the CFTC

ChainCatcher news, according to Jinshi reports, Trump has chosen Michael Selig to serve as the chairman of the Commodity Futures Trading Commission (CFTC). Selig is currently the chief legal advisor for the SEC's cryptocurrency working group and has previously served as an assistant to SEC Chairman Paul Atkins. Selig's nomination will be Trump's second attempt to fill the CFTC chairman position, and the influence of this role is expected to expand under the pending legislation regarding the structure of the cryptocurrency market.