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The U.S. Senate will conduct a confirmation hearing on the CFTC Chairman nominee appointed by Trump, with a focus on cryptocurrency regulatory stance.
BlockBeats News, November 19th, according to Reuters, U.S. senators will press Michael Selig on Wednesday on a range of sensitive topics, including his plans for reforming cryptocurrency regulation and regulating election betting. Selig is Trump's nominee for chairman of the Commodity Futures Trading Commission (CFTC).
Selig currently serves as the chief legal officer of the SEC's Cryptocurrency Task Force and as an advisor to Republican SEC Chairman Paul Atkins, appointed by Trump.
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