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Mike Selig Confirmed as CFTC Chair Amid Busy Final Week for Crypto Policy
CFTC Chair nominee Mike Selig has been confirmed by the Senate, paving the way for a new era at the commodities regulator. In a Thursday evening vote of 53–43, the Senate confirmed Selig as part of a bloc of nearly 100 nominees, including FDIC Chair Travis Hill. Selig’s confirmation follows the announcement that Acting Chair Caroline Pham will join crypto payments giant MoonPay in the new year as Chief Legal and Chief Administrative Officer, a move first reported by Crypto In America. From Pham, Selig, who comes from the SEC’s Crypto Task Force as Chief Counsel, inherits an agency that became decidedly ... (full story)
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