ME News message, December 23 (UTC+8), according to the official announcement from the CFTC website, the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), Caroline D. Pham, has officially stepped down, with Michael Selig succeeding as the 16th chair. Selig previously served on the SEC's Digital Assets Working Group, actively promoting legislation for the market structure of digital assets and advocating for an end to the practice of 'regulation by enforcement.' He stated that he will lead the CFTC in establishing 'common-sense' rules in a new era of financial innovation in the U.S., helping the country become a global hub for crypto capital. (Source: ME)