【U.S. CFTC Acting Chair: Compliance Requirements Will Not Be Relaxed Due to Trump Administration's Commitment to Support the Crypto Industry】
😍 According to CoinDesk, Caroline Pham, the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), stated at the Coinbase annual summit that despite the Trump administration's open attitude towards cryptocurrency, regulators will not ease compliance requirements for the industry. She emphasized that "supporting innovation does not equate to condoning illegal activities," and the CFTC will focus on combating market fraud rather than criminalizing specific asset classes or technologies themselves. Pham criticized the Biden administration's regulatory approach of "overly expansive legal interpretations," pointing out that this tendency affects not only the crypto market but also the traditional derivatives and foreign exchange markets. She believes that a complete ban will become impractical once crypto technology is widely adopted.
