Empire Quadrillions: The Crypto Capital of the World | Acting Chairman Pham
Jan 7, 2026
In this engaging discussion, Caroline Pham, the Acting Chairman of the CFTC, dives into the critical role of regulatory clarity for digital assets. She emphasizes a 'back to basics' approach to ensure market integrity and introduces the 12-month Crypto Sprint initiative aimed at streamlining crypto regulations. Pham also explores the importance of tokenized collateral and stablecoins, advocating for the U.S. to become the crypto capital of the world. Her insights on cooperation between the CFTC and SEC shed light on creating a harmonized market structure.
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Return To Principles-Based Regulation
- The CFTC's core mission is ensuring well‑functioning markets and preventing fraud, abuse, and manipulation.
- Caroline Pham urges returning to principles‑based regulation focused on market integrity rather than headline‑chasing enforcement.
Stop Regulation‑By‑Enforcement
- End regulation‑by‑enforcement and focus on clear rules that let firms build within the law.
- Provide predictable, technology‑neutral guidance so businesses can innovate without fear of arbitrary actions.
Cooperation Beats Turf Wars
- The SEC and CFTC should cooperate pragmatically rather than fight over turf.
- Pham advocates outcome‑focused solutions and joint problem solving to design optimal market structure.