CFTC Announces Public Roundtables to Discuss Crypto Market Structure

CFTC Announces Public Roundtables to Discuss Crypto Market Structure

2 minutes, 11 seconds Read

Caroline Pham, Acting Chair of the Commodity Futures Trading Commission (CFTC), has announced plans to hold a series of public roundtable discussions to gather input on various market issues, including those related to crypto. 

The CFTC roundtables will engage with industry leaders, market participants, and public interest groups to discuss developing trends and innovations in market structure.

Roundtable Discussions on the Crypto Market

In a notice released by the CFTC today, Pham announced that the CFTC will organize discussions on issues including affiliated entities and conflicts of interest, prediction markets, and digital assets. 

The roundtables are intended to increase transparency and public engagement within the CFTC’s policymaking process.

“Innovation and new technology has created a renaissance in markets that presents new opportunities that are accessible to more people, as well as risks. The CFTC will get back to basics by hosting staff roundtables that will develop a robust administrative record with studies, data, expert reports, and public input. A holistic approach to evolving market trends will help to establish clear rules of the road and safeguards that will promote US economic growth and American competitiveness,” Pham said. 

These discussions will bring together industry leaders, market participants, market structure experts, and representatives from public interest groups. The goal is to engage in open and transparent dialogue on key market issues.

According to the notice, the CFTC will soon provide further details regarding the dates, times, and specific topics for these roundtable discussions.

Less than a week ago, CFTC commissioners elected Pham as the regulator’s newest acting chair following President Trump’s inauguration. Previously, Pham had served as CFTC commissioner since April 2022. 

Pham replaced former CFTC Chair Rostin Benham, who will remain at the CFTC until February 7. As confirmed by the Senate, she will continue to lead the CFTC until Trump nominates a permanent head of the regulator.

“Acting Chair Pham is pulling in the big dogs—industry leaders, groups, and other stakeholders—to dive into the messy stuff like conflicts of interest. It’s all about building clearer rules and keeping US competitiveness on point. These roundtables could totally change how crypto operates under the law, so keep your eyes peeled for updates,” Mario Nawfal wrote on X (formerly Twitter).

Pham has long supported friendly regulation. A year after joining the CFTC, she delivered a very pro-crypto speech to the Cato Institute. In it, she outlined that the CFTC should follow the same regulatory approach to the cryptocurrency market that it has applied to other emerging asset classes.

According to Pham, crypto regulation lacks clarity and proactive guardrails. She also discussed the need for “r

Read More

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *