CFTC Remains Committed to Crypto Regulation Despite Trump Promises

Despite past assurances from the Trump administration regarding cryptocurrency industry support, Acting CFTC Chair Caroline Pham has reaffirmed the agency’s steadfast commitment to maintaining regulatory oversight over cryptocurrencies. According to reports from Foresight News and Cointelegraph, Pham stressed that while fostering innovation is key, it doesn’t mean relinquishing accountability under existing legal frameworks. She emphasized the CFTC’s focus on tackling issues like fraud, misinformation, and theft rather than criminalizing entire asset classes or technologies.