Michael Selig: A Strong Choice to Lead the CFTC

Michael Selig’s nomination to serve as Chair of the Commodity Futures Trading Commission (CFTC) comes at a pivotal moment for digital asset markets and the broader U.S. regulatory landscape. His background, which spans key roles in private legal practice and at the Securities and Exchange Commission and extensive work on crypto-related matters, uniquely positions him to guide the CFTC with expertise, balance, and a deep understanding of emerging market structures.

As Chief Counsel of the SEC’s Crypto Task Force, Mr. Selig has been directly involved in developing the regulatory groundwork that will shape digital asset markets for years to come. His leadership in that role has demonstrated a rare combination of legal sophistication, practical market awareness, and a steady commitment to building rules that protect markets and investors without stifling innovation. 

This foundation would serve him well in a position where cross-agency coordination is essential. Digital asset oversight increasingly requires cooperation between the SEC and CFTC. Strong, coordinated leadership across the two agencies will be necessary to establish predictable regulatory frameworks, reduce fragmentation, and provide U.S. innovators with a clear path to build responsibly. 

Solana Policy Institute looks forward to engaging with the CFTC on policies that foster responsible growth in blockchain-based markets. As chair of the CFTC, Mr. Selig’s approach would reflect the balance our industry needs: thoughtful oversight, a commitment to fairness and market integrity, and an appreciation for the innovative potential of open, decentralized technologies.

The United States benefits when its regulators understand both the challenges and the opportunities of emerging technologies. Michael Selig represents exactly that kind of leadership, and he would bring valuable expertise to the CFTC at a critical time for the industry.