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Trump appoints 'encryption goddess'! Caroline Pham appointed as acting CFTC chairman, will the Asian entry bring a big change to encryption regulation?
President Trump appoints Caroline Pham as the acting chair of the Commodity Futures Trading Commission (CFTC), attracting widespread attention for her support of digital asset regulation innovation and market reform. This appointment may bring a new regulatory framework to the digital asset market in the future. According to Bloomberg, Pham, a Republican CFTC commissioner, has been chosen to succeed Rostin Behnam as the acting chair, with Behnam expected to step down on January 20 and officially leave the CFTC on February 7. Pham has long advocated for a clearer regulatory framework for the digital asset industry, proposing the concept of a 'regulatory sandbox' to reduce compliance costs for entering the market. With her extensive experience in TradFi and emerging digital finance at Citigroup for over seven years, Pham's leadership as the acting chair could mark a significant shift in encryption regulation. The article was first published on BlockTempo, the most influential blockchain news media, on the dynamics of blockchain trends.