Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), has announced intentions to hold a series of public roundtable discussions on market concerns, including digital assets. These debates will take place over the next few months and will cover a wide range of subjects, including conflicts of interest, prediction markets, and the changing environment of digital assets.
The CFTC intends to involve industry leaders, market participants, and public interest groups in these discussions in order to develop a complete regulatory framework for digital assets. In her announcement, Pham emphasized that these roundtables will assist the CFTC in returning to the fundamentals, focusing on gathering comprehensive data, expert reports, and public feedback to bolster regulatory decisions.
Pham believes that by taking a comprehensive approach to evolving market patterns, the CFTC will be able to create clear recommendations that would promote US economic growth and increase the country’s competitiveness. These initiatives come as the regulatory environment for digital assets evolves, with new regulations having the potential to transform how regulators such as the CFTC and the Securities and Exchange Commission (SEC) monitor crypto markets.
The future debates are planned to increase openness in the policymaking process and address crucial concerns, including the need for safeguards to protect investors and promote responsible innovation in the digital asset sector.
