With major crypto bills pending, lawmakers press CFTC Chair pick Selig on agency independence and digital asset oversight

Michael Selig responded to lawmakers’ questions on Wednesday during a Senate Agriculture Committee hearing, giving a glimpse into how the agency would regulate digital assets if he becomes chair of the CFTC. If the Senate ultimately confirms Selig, he will lead the agency during a pivotal time as lawmakers look to put the CFTC at the helm for crypto regulation.