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David Sacks: Trump Appoints Mike Selig as CFTC Chairperson to Modernize U.S. Cryptocurrency Regulation

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2025-10-25 17:30:03
White House cryptocurrency and artificial intelligence director David Sacks said President Trump's appointment of Mike Selig to lead the Commodity Futures Trading Commission (CFTC) was an excellent choice.
As anyone who knows him can attest, Mike Selig not only has deep expertise in financial marekting, but is also actively committed to modernizing the regulatory approach to maintain America's competitiveness in the age of digital assets.
Mike not only played a key role in advancing the president's cryptocurrency agenda as the chief counsel of the SEC's cryptocurrency task force, but also worked on the CFTC during the tenure of former chairperson Chris Giancarlo, which has allowed him to gain extensive experience in the traditional commodity market sector.
On behalf of the President's Digital Assets Task Force, Patrick Witt and I look forward to continuing to work with Mike to deliver on President Trump's promise to make the United States a global cryptocurrency hub.
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