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U.S. Senate Confirms Pro-Crypto CFTC Chair in Regulatory Shift

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The U.S. Senate confirmed Michael Selig as CFTC Chair on December 19, 2025, with a 53-43 vote. Selig, ex-SEC Crypto Task Force chief counsel, brings regulatory and crypto advisory experience. The move aligns with the Trump administration’s pro-crypto stance and Countering the Financing of Terrorism efforts. Industry watchers expect clearer rules, faster DeFi reforms, and possible CFTC oversight of spot markets. Analysts foresee spot ETFs for Solana and Ethereum by Q2 2026. The CFTC classifies Bitcoin and Ether as commodities, while EU Markets in Crypto-Assets Regulation continues to shape global standards. Pending bills like FIT21 could further clarify oversight.
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