U.S. CFTC Commissioner Caroline Pham Gets Trump Nod as Acting Chair

Caroline Pham has been appointed interim chair of the Commodity Futures Trading Commission (CFTC) as the Trump administration pivots to a more positive stance on digital assets. This leadership change positions the CFTC to potentially regulate crypto spot markets for major cryptocurrencies like Bitcoin and Ethereum. Pham expressed gratitude for the role, emphasizing the agency's focus on fostering well-functioning markets. With significant legislative activity anticipated in the crypto space, her leadership could shape the future of digital asset regulations in the U.S. as the CFTC prepares for a transition period following the departure of outgoing chair Rostin Behnam. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk