Former CFTC Acting Chair Endorses Crypto Retail Proposals
Caroline Pham stated that recent CFTC proposals provide essential protections for retail crypto traders in the United States.
Former Commodity Futures Trading Commission Acting Chair Caroline Pham stated that recent regulatory proposals from the agency provide necessary safeguards for retail traders participating in the United States crypto market, according to TheBlock.
Pham remarked that the agency possesses broad regulatory authority across nearly all markets, noting it can oversee almost everything except physical commodities like onions and box office receipts.
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Regulatory Protection
The remarks highlight the agency's expanding focus on retail market integrity as regulators continue to shape oversight frameworks for digital asset participants within the United States.
Key facts
- Former CFTC Acting Chair Caroline Pham commented on recent agency proposals.
- Pham stated the proposals offer essential protection for US crypto retail traders.
- She noted the CFTC holds broad regulatory reach excluding onions and box office receipts.
Source: theblock.co
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