TradRadar

In a significant regulatory development in the digital-asset space, U.S. President Donald Trump nominated Michael Selig (formerly chief counsel for the U.S. Securities and Exchange Commission crypto task-force) to serve as chair of the Commodity Futures Trading Commission (CFTC). This appointment is widely viewed as a signal that the U.S. is moving toward a more coordinated, innovation-friendly regulatory approach for cryptocurrencies, stablecoins and blockchain-based payments. The move carries implications for digital-asset markets, derivatives like crypto CFDs, and the broader institutional adoption of crypto.