Regulation
Neutral
Pham says CFTC can regulate crypto under existing US commodity law
Former CFTC acting chair Caroline Pham stated existing US commodity law gives the regulator authority over crypto without new congressional legislation.
- Caroline Pham argues the Commodity Exchange Act gives the CFTC crypto oversight authority without new laws.
- Onions and movie box office receipts are the only items excluded from CFTC commodity jurisdiction.
- Pham says the CFTC's recent crypto proposals would improve protections for US retail crypto traders.
GT
+1.2%
FORM
+4.1%
LIT
+8.9%
SPK
+0.7%
COMP
+0.3%
GENIUS
−1.9%
