Former President Donald Trump has nominated Mike Selig, a known advocate for clearer crypto regulations, to head the Commodity Futures Trading Commission (CFTC). This move could signal a more defined regulatory path for digital assets like Bitcoin and Ethereum if Trump wins reelection in 2025.

Selig, currently a lawyer at Willkie Farr & Gallagher, has consistently argued that U.S. regulators need to modernize their frameworks to match the pace of crypto innovation. His nomination suggests that the Republican front-runner may be looking to establish stronger oversight — not through bans, but through structured frameworks that bring clarity to both developers and investors.

The CFTC has historically taken a more flexible approach to crypto compared to the SEC. If confirmed, Selig’s leadership could tilt the balance toward treating major tokens as commodities, not securities — a key distinction in ongoing legal battles within the U.S. regulatory landscape.

While the nomination has yet to be confirmed by the Senate, the crypto industry is already watching closely. The outcome could reshape how the U.S. handles token classification, DeFi, and derivatives trading.