The U.S. CFTC explicitly stops regulating the cryptocurrency industry through litigation
Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), Caroline D. Pham, expressed support for the Department of Justice's announcement to terminate its policy of regulating the cryptocurrency industry through prosecution, and directed the CFTC not to bring lawsuits on grounds of violating registration terms under the Commodity Exchange Act in digital asset-related cases where defendants lack subjective intent. In addition, she has adjusted enforcement department functions to promote rapid resolution of compliance backlogs that do not involve customer harm or market abuse.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet

GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.