with<\/a> Yahoo Finance, Pham said that Donald Trump\u2019s crypto stance doesn\u2019t mean companies can ignore the rules or operate outside the law.<\/p>\n\u201cThere is no easy street for anybody, and regulators aren\u2019t easy,\u201d she stated. \u201cJust because we are pro-innovation and pro-growth does not mean that you\u2019re going to be able to get away with breaking the law.\u201d<\/p>\n
The acting chair clarified that this does not mean the commission will unfairly target the crypto sector as the previous administration did. Instead, the focus will be on fair and firm enforcement to tackle real issues like fraud and misconduct.<\/p>\n
<\/p>\n
Pham further criticized the Biden regulatory era. Echoing industry sentiment, she emphasized that regulators bent the rules to go after crypto in ways the law didn\u2019t support, an approach she describes as undermining trust in the U.S. system.\u00a0<\/p>\n
She added that fear-based policymaking curated out of wrong perceptions that the industry is \u201cevil\u201d no longer serves, stressing the importance of restoring regulatory clarity.<\/p>\n
Caroline Pham\u2019s remarks come as U.S. crypto regulation takes a new form, especially with the appointment of Paul Atkins as the new Chairman of the Securities and Exchange Commission (SEC). Seen as a pro-crypto choice, Atkins is expected to help fulfill Trump\u2019s promises to the sector and undo long-standing regulatory irregularities that have hindered growth.<\/p>\n
Earlier this month, the regulatory chief reaffirmed his mission to create clearer rules for the crypto industry.<\/p>\n
\n \u201cA key priority of my Chairmanship will be to develop a rational regulatory framework for crypto asset markets that establishes clear rules of the road for the issuance, custody, and trading of crypto assets,\u201d he stated.<\/p>\n<\/blockquote>\n
<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), has made it clear that crypto firms shouldn\u2019t expect a free pass on regulation just because political administration…<\/p>\n","protected":false},"author":1,"featured_media":2806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=2805"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2805\/revisions"}],"predecessor-version":[{"id":2807,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2805\/revisions\/2807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2806"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=2805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=2805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=2805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}