The sky of U.S. regulation may really be changing!
Just yesterday (October 25), Trump officially nominated Michael Selig to serve as the next head of the U.S. Commodity Futures Trading Commission (CFTC).
Why is this a super signal?
1. Who is this person? 🧐 Selig is no outsider! He is the current chief legal advisor of the SEC (U.S. Securities and Exchange Commission) internal "Cryptocurrency Special Working Group." Simply put, he is the person who understands cryptocurrency law the most at the SEC.
2. "Enemy forces" reassigned? What kind of operation is it to transfer the SEC's cryptocurrency supervisor to manage the CFTC? This is interpreted by the market as: Trump hopes to end the internal conflict over cryptocurrency regulation between the SEC and CFTC, leaning towards unifying cryptocurrency assets (at least mainstream coins) as “commodities” (managed by the CFTC).
3. What did he say himself? 🚀 Selig posted on X promising that he would dedicate himself to "making America the world's cryptocurrency capital"! That statement carries immense weight!
This is no longer a matter of "suppression," but rather a logic of "incorporation" and "regulation." A unified, innovation-friendly regulatory framework is the true prerequisite for large institutional funds to dare to fully enter the market. Clear regulation is the biggest engine of a bull market! 🔥
