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Policy··1 min read

Former Acting Chair Caroline Pham says CFTC can regulate almost everything except ‘onions and box office receipts’

Former Acting Chair Caroline Pham of the CFTC stated that the agency’s recent proposals provide ‘absolute protection’ for U.S. cryptocurrency retail traders, emphasizing the CFTC's broad regulatory reach except for trivial items like 'onions and box office receipts.'

Former Acting Chair Caroline Pham says CFTC can regulate almost everything except ‘onions and box office receipts’
Image: The Block

Former Acting Chair Caroline Pham of the CFTC stated that the agency’s recent proposals provide ‘absolute protection’ for U.S. cryptocurrency retail traders, emphasizing the CFTC's broad regulatory reach except for trivial items like 'onions and box office receipts.'

Sources

  • The Block — Former Acting Chair Caroline Pham says CFTC can regulate almost everything except ‘onions and box office receipts’

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