Weekly Regulation Roundup: Pardons, Pullbacks, and a Pro-Crypto Reset in Washington
U.S. crypto regulation entered a new phase this week marked by a convergence with leadership changes and a visible retreat from the enforcement-heavy posture that defined the previous regulatory cycle.
From President Donald Trump’s openness to reviewing a high-profile crypto conviction to sweeping changes at the SEC, CFTC and Federal Reserve, the direction of travel is becoming increasingly clear: Washington is recalibrating its approach to digital assets.
Senate Confirms Mike Selig as CFTC Chair, Clearing Leadership Logjam
In a parallel shift, the U.S. Senate confirmed crypto-friendly lawyer Mike Selig as the next chair of the Commodity Futures Trading Commission ending months of leadership uncertainty at the derivatives regulator. The confirmation passed 53–43 as part of a broader slate of federal nominees.