David Sacks: Trump Appoints Mike Selig as CFTC Chairman to Advance Modernization of US Cryptocurrency Regulation

Jinse Finance reported that David Sacks, the White House head of cryptocurrency and artificial intelligence, stated that President Trump's appointment of Mike Selig to lead the Commodity Futures Trading Commission (CFTC) is an excellent choice. Anyone who knows him can attest that Mike Selig not only possesses profound expertise in financial markets but is also actively committed to modernizing regulatory approaches to maintain the United States' competitiveness in the digital asset era. Mike has played a key role in advancing the President's cryptocurrency agenda as the Chief Legal Advisor of the SEC's Cryptocurrency Special Task Force; he also worked at the CFTC during former Chairman Chris Giancarlo's tenure, which allowed him to accumulate extensive experience in the traditional commodity markets. On behalf of the President's Digital Asset Working Group, Patrick Witt and I look forward to continuing to work with Mike to fulfill President Trump's promise—to make the United States the global center for cryptocurrency.