CFTC acting chair: ‘We don’t need a Dodd-Frank for crypto’
US regulator wants real-time market surveillance; focuses on rise of liquidity risk
The acting chair of the Commodity Futures Trading Commission has said the US will not introduce regulations similar to the EU for crypto asset markets.
In Europe, the Markets in Crypto-Assets Regulation (MiCA) came into force in June 2024, with the aim of promoting innovation and competition for crypto assets and their related technology. But with a mandate from president Donald Trump to ease the regulatory burden on firms, the CFTC’s acting chair – Caroline Pham – said it would not be following
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