CFTC Commissioner Pham Says Agency Can Regulate Almost All Crypto

CFTC regulate crypto — CFTC Commissioner Caroline Pham has asserted the agency’s broad regulatory authority over digital assets, stating it can regulate almost everything except ‘onions and box office receipts.’

Speaking at a recent event, the former Acting Chair emphasized that the Commodity Futures Trading Commission’s recent proposals represent ‘absolutely the kind of protection’ needed for retail crypto traders in the United States. Her comments highlight the CFTC’s push to establish a clearer regulatory framework for the crypto market.

Pham’s statement underscores the ongoing jurisdictional debate between the CFTC and the Securities and Exchange Commission over digital assets. The CFTC has historically sought more authority to oversee cash markets for cryptocurrencies that are deemed commodities.

The commissioner’s remarks signal a continued effort by the agency to position itself as a primary regulator for the crypto sector, advocating for rules it believes will safeguard investors and promote market integrity.