Caroline Pham stated at Korea Blockchain Week that the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission already hold sufficient authority to establish clear regulatory frameworks for digital assets. She asserted that existing mandates provide the necessary legal foundation for comprehensive oversight without requiring new legislation.
Pham emphasized that regulators need only review current statutory authorities to identify the appropriate basis for digital asset regulation. Her remarks suggest that regulatory clarity can be achieved through interpretation of existing rules rather than waiting for additional congressional action.
Caroline Pham: SEC and CFTC Already Possess Authority to Regulate Digital Assets
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