{"id":72720,"date":"2023-01-18T16:20:54","date_gmt":"2023-01-18T14:20:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72720"},"modified":"2025-09-09T09:56:44","modified_gmt":"2025-09-09T06:56:44","slug":"cftc-commissioner-signals-move-toward-global-crypto-regulation-standards","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cftc-commissioner-signals-move-toward-global-crypto-regulation-standards\/","title":{"rendered":"CFTC Commissioner Signals Move Toward Global Crypto-Regulation Standards"},"content":{"rendered":"<p>Regulators in the United States and abroad are currently engaged in \u201cadvanced discussions\u201d on developing global industry standards for crypto regulation. In an interview with Bloomberg, the <span data-descr=\"US Commodity Futures Trading Commission\" class=\"old_tooltip\">CFTC<\/span> Commissioner Caroline Pham said.<\/p>\n<p>Pham said she has held more than 75 meetings on the topic with counterparts from overseas.<\/p>\n<p>Pham said regulators should consider how to \u201cuse existing authorities to provide the clarity that is needed now.\u201d She was responding to questions about current oversight shortcomings amid the challenges surrounding Gemini and Genesis.<\/p>\n<p>According to a <span class=\"old_tooltip\">CFTC<\/span> spokesperson, this means identifying the crypto instrument and applying to it the same standards as those that apply to other financial instruments.<\/p>\n<p>Pham also noted the need to study the definition of principles for non-financial crypto-asset activity and scenarios for the use of blockchain technology.<\/p>\n<p>She expressed hope for changes to the regulatory landscape in the United States and urged not to be content with \u201cpreserving the status quo.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThis year, I would like to see the CFTC and other agencies provide more guidance,\u201d<\/em> she said.<\/p>\n<\/blockquote>\n<p>Earlier in the US Congress<a href=\"https:\/\/u1f987.com\/en\/news\/u-s-congress-forms-a-dedicated-cryptocurrency-subcommittee\">\u00a0created<\/a> a subcommittee dedicated to digital assets.<\/p>\n<p>Earlier in Davos, Nigel Green, CEO of deVere Group<a href=\"https:\/\/u1f987.com\/en\/news\/davos-participants-urged-to-focus-on-regulating-cryptocurrencies\">\u00a0urged<\/a> participants to regulate cryptocurrencies.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\u201d\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regulators in the United States and abroad are currently engaged in \u201cadvanced discussions\u201d on developing global crypto-regulation standards, said CFTC Commissioner Caroline Pham in a Bloomberg interview.<\/p>\n","protected":false},"author":1,"featured_media":72721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[879,36],"class_list":["post-72720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cftc","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=72720"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72720\/revisions"}],"predecessor-version":[{"id":72722,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/72720\/revisions\/72722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/72721"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=72720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=72720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=72720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}