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U.S. Senate Confirms Michael Selig as 15th CFTC Chairman

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The U.S. Senate confirmed Michael Selig as the 15th CFTC chairman, as crypto market oversight remains a key focus. Selig, with experience at the CFTC and SEC’s Crypto Task Force, will replace acting chair Caroline Pham. During his hearing, he stressed a lighter regulatory approach but backed strong enforcement. The CFTC has shifted toward complex fraud and retail harm, and Selig is expected to push for more crypto activity onshore. His leadership comes as crypto analysis and regulatory strategy continue to evolve.
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