1) On December 23, Michael Selig was sworn in as the chairman of the U.S. Commodity Futures Trading Commission (CFTC). Michael Selig stated: We are currently in a special period where various emerging technologies, products, and platforms are emerging one after another. Congress is about to submit a digital asset market structure bill to the President, which will solidify the United States' position as a global cryptocurrency hub. Previously, Michael Selig served as the chief legal advisor of the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group.