The Commodity Futures Trading Commission (CFTC) is undergoing a leadership transition. According to reports, Caroline Pham's last day as acting chair of the regulator was Monday. Michael Selig has been officially sworn in to chair the agency. The development marks a change in leadership at the regulatory body, which oversees derivatives markets and has been increasingly involved in the oversight of digital assets. The transition may signal potential shifts in the CFTC's approach to regulating these markets.

The Commodity Futures Trading Commission (CFTC) is undergoing a leadership transition. According to reports, Caroline Pham's last day as acting chair of the regulator was Monday. Michael Selig has been officially sworn in to chair the agency. The development marks a change in leadership at the regulatory body, which oversees derivatives markets and has been increasingly involved in the oversight of digital assets. The transition may signal potential shifts in the CFTC's approach to regulating these markets.