Pro-Crypto Michael Selig Takes CFTC Helm as Caroline Pham Exits Agency

Michael Selig was sworn in Sunday as the 16th chairman of the Commodity Futures Trading Commission, taking control of the derivatives regulator as acting chair Caroline Pham departed after nearly four years at the agency. Pham’s exit concludes a tenure marked by aggressive pro-crypto initiatives and regulatory modernization efforts that reshaped the CFTC’s approach to digital asset oversight. Selig, confirmed by the Senate on December 18, arrives at the CFTC after serving as chief counsel of the Securit ...