CFTC changes guard as Selig takes reins, Pham departs
The US Commodity Futures Trading Commission (CFTC) has undergone a leadership transition, with Mike Selig sworn in as the new chairman, replacing acting chair Caroline Pham, who has departed. Selig, confirmed by the Senate after being nominated by President Trump, is now the agency's sole commissioner. He is widely viewed as pro-crypto and has pledged to support innovation in technologies like blockchain by avoiding a "regulation by enforcement" approach. Meanwhile, Pham, who had led the CFTC since January, is moving to crypto fintech company MoonPay. Both expressed support for balanced regulatory frameworks that foster innovation while ensuring market integrity.
cointelegraph12/23 04:38
