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Caroline Pham, appointed as the interim chair of the Commodity Futures Trading Commission (CFTC) by President Donald Trump, has initiated a major overhaul of the agency's leadership. Pham has replaced several senior officials from the previous administration, signaling a shift towards a more pro-crypto stance within the CFTC. Harry Jung, who joined the agency in 2023 as a senior policy advisor, has been appointed to lead the CFTC's engagement with the cryptocurrency sector, focusing on digital assets and decentralized finance (DeFi). This leadership change is part of a broader strategy to enhance oversight and regulatory frameworks surrounding the rapidly evolving crypto industry. Pham's actions reflect a commitment to strengthening the CFTC's role as a key regulator in the U.S. crypto landscape.
🚨Weekly Watchlist 🚨 Here’s a recap of news we’re watching this week: 🇺🇸 SEC Forms New Crypto Task Force Spearheaded by Hester Peirce https://t.co/Edl6ivDTCq ⚖️ US court rules against Tornado Cash sanctions https://t.co/z9bMVEDSGF 🏦 Pro-Crypto Mark Uyeda Named Acting SEC Chair…
🌟Friday's Web3 Buzz🌟 1️⃣ Trump forms crypto task force 📝 2️⃣ SEC eases crypto rules for banks 📉 3️⃣ Binance Labs rebrands to YZi Labs 🚀 4️⃣ Warren targets Trump meme coins 🔍 📩 More in our newsletter: https://t.co/KzSyfXCYEX
Big moves in U.S. crypto policy? 👀 The CFTC’s new leadership, led by Caroline Pham, is doubling down on crypto, DeFi, and digital assets. Harry Jung is stepping up as Acting Chief of Staff to lead the charge on oversight and engagement. Meanwhile, the SEC is shaking things up…
