U.S. CFTC's Pham Moves for Do-Over on 'Actual Delivery' Guidance on Crypto
NeutralCryptocurrency
- Acting CFTC Chair Caroline Pham has initiated a reconsideration of the 'actual delivery' guidance regarding cryptocurrency, marking a significant step in her tenure as she aligns with President Donald Trump's crypto agenda. This move is seen as part of her efforts to clarify regulatory frameworks before her expected departure from the agency.
- The push for a do-over on the guidance reflects the CFTC's ongoing commitment to adapting its regulatory approach to the evolving cryptocurrency landscape, which is crucial for fostering a more robust trading environment and ensuring compliance among market participants.
- This development occurs amidst a broader call from the cryptocurrency industry for regulatory clarity and supportive policies, as various stakeholders, including crypto firms and financial institutions, seek to navigate the complexities of the market while advocating for favorable legislation under the Trump administration.
— via World Pulse Now AI Editorial System
