CFTC’s Pham Warns It Won’t Tolerate Crypto Lawbreakers
The Trump administration’s more relaxed attitude to crypto doesn’t mean the Commodity Futures Trading Commission will give the industry an easy ride, says the agency’s acting chair, Caroline Pham.
“There is no easy street for anybody, and regulators aren’t easy,” Pham told Yahoo Finance at the Coinbase Annual Summit on Thursday.
“Just because we are pro-innovation and pro-growth does not mean that you’re going to be able to get away with breaking the law.”
“And this is where I’m talking about not twisting the law to criminalize an asset class or a technology, but I’m talking about lying, cheating, and stealing,” she added.
Pham said that she was pleased the CFTC has been able to decisively “end the regulation by…
