President Trump is set to appoint a new Federal Reserve Chair in January 2026, a move that could impact liquidity and crypto markets. Meanwhile, Michael Selig has been appointed as the new acting chair of the Commodity Futures Trading Commission (CFTC), succeeding Caroline D. Pham. Selig, who has a background with the SEC's crypto task force, aims to implement 'common-sense' regulations to enhance the U.S. crypto sector. In other developments, Ghana's parliament has passed legislation to legalize cryptocurrencies, responding to the increasing use of Bitcoin in the country. Additionally, JPMorgan is exploring the possibility of offering crypto trading services to institutional clients, reflecting growing interest in digital assets. Regulatory efforts to counter the financing of terrorism remain a priority as the digital asset landscape evolves.
Trump to Appoint New Fed Chair; CFTC Leadership Changes
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