TREE NEWS update: Caroline Pham said at Korea Blockchain Week that the SEC and CFTC already hold the authority needed to write clear digital asset rules. She argued the agencies can find the regulatory basis by taking the time to review their existing mandates. Pham is a sitting CFTC commissioner.
CFTC’s Caroline Pham Says SEC and CFTC Already Have Authority to Set Digital Asset Rules
AI take
Pham's point matters because it shifts the debate from whether new legislation is needed to whether the existing agencies are willing to use powers they already have. That distinction affects how quickly US digital asset oversight could move without Congress, and it puts pressure on both agencies to explain what has been stopping them. Whether this view gains traction among other commissioners and agency leadership is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
12m ago
Russian cloud provider Beget hit by cyberattack, disrupting access to nearly 500,000 sites
22m ago
ECB’s Escriva: Lagarde Has Good Reason to Step Down Early
28m ago
tZERO Signs $350 Million SPAC Deal With FG Imperii
58m ago
Bitmine Buys 8,573 ETH as Holdings Slip to $14.5B
1h ago
Hackers Raise European Supermarket Freezer Temperatures to 50C
1h ago
Crypto Treasury Stocks: mNAV and Dilution Drive Per-Share Value