The US Senate has officially confirmed Michael Selig as the new CFTC Chairman, securing approval with a 53-43 vote. This marks a notable shift in regulatory direction—Selig brings a distinctly crypto-friendly perspective to the role. Currently serving as chief counsel at the SEC's Crypto Task Force, he's worked closely with SEC Chair Paul Atkins, who himself champions a more accommodating stance toward digital assets. Market watchers are eyeing this appointment closely, as leadership changes at major financial regulators often signal shifts in how cryptocurrencies like Bitcoin, Ethereum, and XRP will be regulated moving forward.