PANews reported on April 10 that Caroline Pham, Acting Chair of the U.S. Commodity Futures Trading Commission ( CFTC ), praised the Department of Justice’s recent announcement to end its policy of regulating the digital asset industry through prosecution, and instructed CFTC staff to follow the President’s executive order and the Department of Justice’s new guidance on digital asset enforcement. Pham said that this move will end years of “legal battles” against innovators, focus resources on combating fraud and market manipulation, and enhance regulatory clarity and industry trust.
CFTC Acting Chairman Praises DOJ for Ending Digital Asset Policy of “Substituting Enforcement for Regulation”
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