Caroline Fam, who operates the US Commodity Futures Trading Commission on an acting basis, is pursuing a stable tokenization pilot program, with upcoming summits entitled Coinbase, Ripple, Circle, Crypto.com and more. includes digital asset companies. .
Pham had previously proposed ideas about so-called regulatory sandboxes through her advisory committee, the Global Market Advisory Committee, which was not embraced by the agency’s previous leadership.
“We look forward to unveiling this groundbreaking initiative for the US digital asset market,” foreman Pham said in a statement Friday. “We look forward to engaging with market participants to realize the Trump administration’s promise to ensure America leads economic opportunity.”
The idea, based on what Pham called “responsible innovation,” will, according to the institution, promote the “use of non-cash collateral” through distributed ledger technology.
Digital Asset Forum dates and details have not been set yet.
As deputy chairman, Republican Secretary Fam made dramatic changes at the US Derivative Watchdog just weeks after he began serving as former chairman of Rostin Behnham, a Democrat appointed by former President Joe Biden. I’ve added it. These changes include a wide range of alternatives to senior officials at the agency, and one personnel issue involving former talent chiefs caused an unusually open and detailed response from the CFTC on Thursday. A regulatory spokesperson allegedly claimed that a “false allegation” was made against Pham by “disgruntled individuals.”
Read more: Trump’s CFTC Pick Clears Top Rank of Important US Crypto Regulator
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