Caroline Pham, the Acting Chair of the CFTC, is taking steps to reshape crypto regulation with a newly announced CEO Forum.
This initiative, aimed at refining policies on digital assets and stablecoins, will bring together industry leaders from companies like Circle, Coinbase, Ripple, Crypto.com, and MoonPay.
Originally proposed in 2023, the forum will serve as a regulatory testing ground where crypto firms can actively contribute to policy discussions. Pham, who recently took on the leadership role, sees this as a move toward responsible innovation and clearer regulatory frameworks.
Since stepping in, she has launched multiple discussions on crypto market structures, with this latest forum reinforcing her approach of direct engagement with industry players.
Meanwhile, speculation continues that the CFTC could take over key regulatory responsibilities from the SEC, a possibility further fueled by comments from SEC Commissioner Hester Peirce suggesting a redistribution of oversight in the crypto space.
With regulatory uncertainty still looming, this forum positions the CFTC at the center of discussions that could shape the future of stablecoin regulations and broader digital asset policies.
Japan is preparing to dramatically reshape its cryptocurrency regulations, with officials drafting a proposal that would reclassify digital assets and streamline their tax treatment.
In a significant policy shift, the U.S. Federal Reserve has quietly removed reputational risk as a factor in evaluating banks, a move that could make it easier for financial institutions to offer cryptocurrency services without fear of regulatory backlash.
Europe is emerging as the new global crypto hub, propelled by its MiCA regulatory framework, which is attracting investors and platforms alike.
Norway may hit the pause button on cryptocurrency mining later this year. The government announced Friday it will study whether to impose a provisional ban on mining data centers, arguing that energy and grid capacity should be reserved for more pressing needs.