work is underway on global oversight of the crypto industry
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Regulators in the United States and foreign countries are currently conducting “advanced discussions” regarding the development of global industry standards for crypto regulation. About it in an interview Bloomberg the commissioner said CFTC Caroline Pham. The official said that she has held more than 75 meetings on this topic with representatives of departments abroad. Pham said regulators should think about how to “use existing powers to provide the clarity that is needed now.” This is how she responded to a question about concerns about the current shortcomings in supervision amid the difficulties of Gemini and Genesis. According to the CFTC
Key Highlights Caroline Pham leaves CFTC Acting Chair role to join MoonPay as Chief Legal Officer and Chief Administrative Officer. Pham led CFTC’s Crypto Sprint, launched the Digital Asset Markets Pilot Program, and approved the first U.S. spot crypto products. Her move highlights the growing “revolving door” between U.S. regulators…
Officials from the U.S. SEC and CFTC convened on Monday for their first joint roundtable in nearly 14 years. The meeting, centered on “regulatory harmonization efforts,” marked a significant step in shaping the future of cryptocurrency oversight in the United States. Acting CFTC Chair Caroline Pham, who is currently the…
The Commissioner of the Commodity Futures Trading Commission (CTFC) says immediate regulatory actions are needed to safeguard crypto traders after Terra (LUNA) and its stablecoin TerraUSD (UST)... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: NixCoin