CFTC’s Pham says it won’t give ‘easy street’ to anybody, crypto included

Caroline Pham stated that the CFTC will maintain strict regulations for cryptocurrencies regardless of the Trump administration’s supportive approach. She highlighted the importance of lawful compliance and the need to combat fraud in the crypto market.

Pham warned that any leniency towards the crypto sector could potentially harm traditional financial markets. She introduced the term “uberizing crypto” to denote the necessity of integrating digital assets into daily life, thereby complicating any attempts to ban them.