{"id":177182,"date":"2025-10-25T12:25:27","date_gmt":"2025-10-25T09:25:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=177182"},"modified":"2025-10-25T12:24:16","modified_gmt":"2025-10-25T09:24:16","slug":"trumps-cftc-pick-has-deep-crypto-ties-and-industry-is-cheering","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/trumps-cftc-pick-has-deep-crypto-ties-and-industry-is-cheering\/","title":{"rendered":"Trump\u2019s CFTC Pick Has Deep Crypto Ties – and Industry Is Cheering"},"content":{"rendered":"
Selig, who currently serves as chief counsel for the SEC\u2019s Crypto Task Force and previously worked as a partner at Willkie Farr & Gallagher, is expected to face Senate confirmation hearings in the coming weeks. His appointment<\/a><\/strong> comes as Congress prepares to expand the CFTC\u2019s authority over digital assets through pending bipartisan legislation.<\/p>\n Industry figures were quick to praise the choice, describing Selig as both knowledgeable and pragmatic. \u201cMike understands how to balance innovation with the rule of law,\u201d said Amanda Tuminelli, executive director of the DeFi Education Fund.<\/p>\n The nomination follows the White House\u2019s decision to withdraw its earlier pick, Brian Quintenz of a16z, after concerns were raised over potential conflicts of interest. Despite disappointment over Quintenz\u2019s exit, many within the crypto industry view Selig as an ideal replacement.<\/p>\n