US Senate confirms crypto-friendly Selig as CFTC chair and Hill as FDIC head
The US Senate has confirmed Mike Selig, a pro-crypto lawyer with deep regulatory experience, as the new chair of the Commodity Futures Trading Commission (CFTC), while elevating Travis Hill to lead the Federal Deposit Insurance Corporation (FDIC). These appointments signal a more welcoming regulatory environment for blockchain technology and digital assets, drawing cheers from crypto…