Trump appointed Michael Selig as the chairman of the CFTC to address the rise of the encryption industry.

On October 25, according to Bloomberg, Trump appointed Michael Selig as the chairman of the Commodity Futures Trading Commission (CFTC) to address the rise of the crypto assets industry. Michael Selig is the chief advisor of the SEC's crypto assets task force and has served as a partner in the asset management practice at Willkie Farr & Gallagher.

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