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Appearing US Commodity Futures Buying and selling Fee (CFTC) Chair Caroline Pham will be part of crypto agency MoonPay when Mike Selig is confirmed because the regulator’s subsequent chairman.
Pham will develop into MoonPay’s Chief Authorized Officer (CLO) and Chief Administrative Officer (CAO) and information regulatory technique in Washington, the corporate stated in a Dec. 17 announcement.
“Caroline is without doubt one of the most influential leaders in U.S. monetary regulation, serving to outline the way forward for digital belongings,” stated Ivan Soto-Wright, co-founder and CEO of MoonPay. “Her unparalleled expertise, which mixes regulatory experience, conventional finance, and a deep understanding of market construction, makes her the proper chief to information MoonPay via our subsequent chapter of progress and compliance excellence.”
Pham stated in an announcement that she’s “excited to affix MoonPay at a pivotal second,” and added on X that she’s wanting ahead to Selig’s profitable affirmation.
I’m wanting ahead to a profitable affirmation of Mike Selig because the @CFTC’s subsequent chairman and a easy transition as soon as he’s sworn in. The longer term is shiny. Onward and upward 🚀
— Caroline D. Pham (@CarolineDPham) December 17, 2025
Selig is predicted to be permitted as CFTC chief as half of a giant bundle of nominees in a vote that’s scheduled for Wednesday night.
Trump-nominated Selig is an official on the US Securities and Change Fee (SEC), the place he has additionally labored intently with the CFTC on crypto coverage.
Pham Performed A Pivotal Position In Crypto Regulation In The US This Yr
Pham was unanimously elected to be the Appearing Chair on the CFTC initially of this yr after having been sworn in as a Commissioner on the regulator in 2022.
Pham went on to play a pivotal function within the US crypto regulatory house beneath the Donald Trump administration.
In her first 100 days because the regulator’s Appearing Chair, Pham launched a modernization agenda from perpetual-style futures and 24/7 and extended-hours buying and selling, to prediction markets and the CFTC’s 12-month crypto dash, MoonPay stated.
Beneath that Crypto Dash initiative, the CFTC acted on suggestions that had been handed down by the White Home’s digital asset working group, which goal to ascertain a transparent regulatory framework for the digital asset house. These suggestions had been stepping stones in the direction of realizing Trump’s imaginative and prescient of creating the US the “crypto capital of the world.”
The CFTC and SEC additionally labored collectively on crypto coverage as a part of the suggestions. This noticed the SEC unveil its personal “Undertaking Crypto” initiative.
CFTC and SEC announce their respective initiatives (Supply: CFTC)
Earlier this month, Pham additionally introduced that spot crypto merchandise will be capable to commerce for the primary time in US federally regulated markets via futures exchanges which are registered with the CFTC.
Previous to her time on the CFTC, Pham was a Managing Director at Citigroup. She held a number of management roles on the monetary agency, which included the Head of Market Construction for Strategic Initiatives.
MoonPay Will Make the most of Pham’s Experience And Expertise To Develop Additional
MoonPay will now look to carry Pham’s experience and expertise into the corporate to help it in its enlargement efforts.
“Her management at @cftc has formed insurance policies that broaden monetary freedom and crypto innovation,” Soto-Wright stated on X, including “now we’ll flip that progress into actual outcomes for customers and companions globally.”
past thrilled to welcome @CarolineDPham to @moonpay
her management at @cftc has formed insurance policies that broaden monetary freedom and crypto innovation
now we’ll flip that progress into actual outcomes for customers and companions globally
we’re nonetheless simply getting began……
— Ivan Soto-Wright (@ivanhodl) December 17, 2025
MoonPay was in a position to safe a New York BitLicense and New York Restricted Function Belief Constitution within the second half of this yr. This places it in a small class of firms which have achieved each regulatory milestones.
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